Follow Us

Follow us on Twitter  Follow us on LinkedIn
 

20 March 2019

英国PRA(健全性監督機構)・FCA(金融行為監督機構)、監督協調と情報共有に関してEBA(欧州銀行機構)と覚書に合意


Default: Change to:


The PRA, FCA and European Banking Authority have agreed a template Memorandum of Understanding (MoU). The template sets out the expectations for supervisory cooperation and information-sharing arrangements between UK and EU/EEA national authorities.


Following agreement on the template, the UK authorities and EU/EEA national authorities intend to move swiftly to sign bilateral MoUs. These bilateral MoUs will allow uninterrupted information-sharing and supervisory cooperation in the event of a no-deal scenario.

Sam Woods, Deputy Governor and Chief Executive of the Prudential Regulation Authority, said:

“I am pleased that we have agreed a template which will form the basis of bilateral MoUs with the national authorities in EU member states.  These agreements will ensure our continued cooperation in carrying out our supervisory responsibilities. We have enjoyed a strong working relationship with our European partners for many years and I am confident that this will continue.”

Andrew Bailey, Chief Executive of the Financial Conduct Authority, said:

“The bilateral MoUs will ensure that there will be no interruption in exchange of supervisory information in the event of a no-deal exit from the EU.  It sends a clear signal of the determination of the UK and EU authorities to work together. The MoUs build on years of continued working, and will ensure these can carry on if they UK leaves the EU without an agreement.  We are encouraged by the approach of the EBA on this vitally important matter.”  

The MoUs will only take effect in the event of a no-deal scenario.

Full news



© FCA - Financial Conduct Authority


< Next Previous >
Key
 Hover over the blue highlighted text to view the acronym meaning
Hover over these icons for more information



Add new comment