New Europe: Brexit remains the biggest threat to the UK’s economy

09 April 2018

The UK financial markets watchdog urged coordination between British authorities and Brussels to ensure a smooth transition.

The call by the Financial Conduct Authority (FCA) on Monday underscores a broader sense of urgency in the financial services industry that generates 12% of public revenue.

Last week, the Bank of England reassured the industry that the industry should rely on a transition deal between London and Brussels; on Monday, the same message was reiterated by the FCA. [...]

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Financial Conduct Authority Business Plan 2018/2019

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