Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

U.K., EU must work together to ensure post-Brexit stability

Jaclyn Jaeger | April 24, 2018

Andrew Bailey, chief executive of the Financial Conduct Authority, spoke Tuesday about the importance of open financial markets post-Brexit. Now is the time, he said, for the U.K. and EU authorities to jointly work on solutions to reduce the risks to financial stability that Brexit could pose.

Speaking at The International Financial Services Forum, Bailey said that both the U.K. and the European Union “will not be able to achieve a successful outcome during both transition and steady-state without working together. Now is the time for the U.K. and EU authorities to come together and work on the solutions to reduce the risks to financial stability that Brexit could pose.”

“At the FCA, we want to work closely with European Securities and Markets Authority (ESMA) and national EU regulators to continue to enhance the stability and effectiveness of global markets,” Bailey...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.