Brexit implementation could hit UK with raft of FS legislation - FCA

Could be forced to accept "more than 30" new rules

clock • 3 min read

The UK could be left without a voice and forced to accept more than 30 new pieces of EU financial services legislation if the proposed implementation period is put in place along with the ratification of the Brexit Withdrawal Agreement, the FCA has warned.

In a response to a request from the Treasury Select Committee, published today (29 November), the Financial Conduct Authority (FCA) offered its assessment of the impact of the UK's exit from the European Union, warning the UK faces "a number of risks ...

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