Regulatory AlertsPS19/5: Feedback on Brexit Consultations
The UK Financial Conduct Authority issues this policy statement to detail its responses to Brexit consultation papers, mandating amendments to its Handbook and Business Standards. It establishes the Temporary Permissions Regime and Financial Services Contracts Regime for European Economic Area firms, alongside new regulatory frameworks for credit-rating agencies, trade repositories, and securitisation repositories. Final instruments and guidance documents have been released with commencement dates tied to Brexit exit day to ensure regulatory continuity and updated compliance procedures for affected market participants.
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