Brexit transition period: One month to go as FCA reminds firms to prepare

31 December 2020

Sophie King
clock
Businesses should be aware that the regulator is making use of the temporary transitional power to provide them with more time to comply with some of the changes.
Image:

Businesses should be aware that the regulator is making use of the temporary transitional power to provide them with more time to comply with some of the changes.

The Financial Conduct Authority (FCA) has reminded firms to ensure they are ready for the end of the Brexit transition period in one month’s time.

At 11pm on 31 December, businesses must be ready for the changes to the regulatory environment in which they operate as EU laws will no longer apply. To help firms prepare, the financial watchdo...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Regulation

A CII spokesperson said: "We are aware of an IT issue, which resulted in a couple of candidates being unable to access their CF6 Mortgage Advice exam for 15 minutes this morning."

Advisers face renewed CII exam tech issues

'Kicked out of the system'

clock 26 July 2022 • 2 min read
The academy offers support for those who may have the necessary qualifications but don't work in client facing roles to establish themselves as financial advisers

Just Wealth academy launches client facing fast track option

‘Step out of the shadow’

clock 13 July 2022 • 2 min read
A Salomon spokesperson has confirmed that Phillips joined the company in April 2022

Solomon Capital hires former Quilter acquisitions director

She joined Quilter in 2018

clock 12 July 2022 • 1 min read