BREXIT -
Preparing for Brexit in financial services: the state of play On 16 September, the Chief Executive of the FCA, Andrew Bailey, delivered a speech on the state of play of
preparations for Brexit in the financial services sector. Mr. Bailey expressed no doubt that financial sector preparations for no deal Brexit had advanced over the course of this year. However, the FCA is not complacent and there are a number of issues that in one form or another require further action, either in the UK or the EU. The FCA will take a pragmatic approach to the issues as they arise. It will use forbearance generously but appropriately, to maintain market integrity and protect consumers and market uses.
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