The Times: Watchdog ‘failing to ready firms for Brexit’
04 August 2017
The FCA has been warned that it is failing to give financial firms a clear idea of how to prepare for Brexit with fewer than a fifth of respondents to a survey saying it was doing a good job.
Only 14 per cent of more than 2,000 regulated businesses responding to the survey commissioned by the regulator on its recent performance said that the FCA was doing a good job of explaining its preparation work for Britain’s withdrawal from the EU.
By contrast, 33 per cent of respondents disagreed when asked whether the FCA was doing a good job on Brexit, while the majority, 53 per cent, were equivocal, saying they neither agreed nor disagreed.
Full article on The Times (subscription required)
FCA and FCA Practitioner Panel survey
© The Times
