Tag: MiFID passport

FCA regulation
July 19, 2018 BY LeapRate Staff

FCA approach to Brexit: temporary passports and cliff edge risks

However, the FCA noted that there is no reciprocal “TPR” arrangement from the EU, for UK firms looking to continue doing business with EEA clients. How might this temporary permissions regime look? What else is concerning the FCA at this stage, less than nine months before a Hard Brexit might take hold? The full text of Nausicaa…

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FCA publishes its Quarterly KPIs, no clear trends indicative of firm responses to Brexit
December 20, 2017 BY LeapRate Staff

FCA expects EU-MiFID license passporting to continue post-Brexit

It looks like London's Retail FX brokers and financial institutions can breathe easy. At least for now. UK financial regulator the FCA issued a statement this afternoon, indicating that it expects the UK will remain within the MiFID license passporting system after Brexit is implemented, allowing financial services companies (such as FX brokers) to receive…

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