FCA opens temporary permissions regime application window
Firms have until March 28 to notify the UK regulator
The UK’s Financial Conduct Authority has notified European Economic Area-based financial firms currently active in the UK that the window in which they can apply for the temporary permission regime is now open.
Firms will have until March 28 to apply, the regulator said in a statement published on January 7.
The regime will allow firms currently passporting in the UK to continue to do so for a limited period under a no-deal Brexit scenario until they seek full FCA authorisation.
“It will also
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