The new regime for UK investment firms is not due until January next year, but sources say it is indicative of the FCA’s willingness to reform its approach to supervision
Some companies have used their transition budget to invest in smart technology, a tool that could help to speed up transition efforts by up to ten times
Negotiations on a memorandum of understanding for future financial services cooperation have now concluded, but it represents very limited practical progress for firms
The rapidly approaching deadline for the memorandum of understanding on future cooperation begs the question of how much progress has been made since the UK exited the EU
Following the FCA’s cessation announcement, the clearinghouse has confirmed it would go ahead with plans for a generalised conversion of outstanding Libor exposures at year-end
