UK Regulator Seeks EU Equivalence and Cooperation
FCA chief executive says UK regulator is preparing for a range of Brexit options, and cross-border data sharing between regulators is 'essential.'
According to Financial Conduct Authority (FCA) chief executive Andrew Bailey, the UK is committed to implementing the EU rulebook to maintain reciprocal equivalence throughout the bloc, and the regulator is working with the European Securities and Markets Authority (Esma) to smooth the aftermath of any Brexit outcome in March 2019.
Andrew Bailey, FCA“One broad outcome is to seek to stay closely aligned to the EU. There are good reasons for doing this – our markets are closely integrated and we
More on Regulation
Waters Wavelength
Wavelength Podcast Episode 145: CSDs Consider Crypto; Bank Robberies & AI; DTCC's Blockchain
Anthony and James look news pertaining to cryptocurriences and blockchain deployments, as well as AI and cloud.
Subscribe to Weekly Wrap emails
Most read
- Buy-Side Technology Awards 2018: All the Winners
- In Praise of Perseverance: Laura Barrowman, Credit Suisse
- Brexit's Unintended Consequences Could Include Mifid III
- Alt-Data Difficulties Challenge Largest Asset Managers
- Wavelength Podcast Episode 145: CSDs Consider Crypto; Bank Robberies & AI; DTCC's Blockchain
Back to Top