The Trader 

Market Outlook: EU firms rush to sign up with FCA

The Trader

This morning City AM reports that the international director of the Financial Conduct Authority, Nausicaa Delfas, has said that about 1300 EU firms wanted to sign up in order to use the FCA’s temporary permission regime.  This would allow them to do business in the UK under current terms, without impediment, for the next three years. City minister John Glen indicated he was ‘extremely confident’ that the two sides wold reach an ‘imminent deal’.

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