US and UK regulators strike deal to protect derivatives trading post-Brexit
Joint statement indicates continued co-operation, “whatever form” Brexit takes
UK and US regulators unveiled a joint agreement to maintain the continuity of transatlantic derivatives trading post-Brexit, “in whatever form” the UK’s future relationship with the European Union takes.
The Bank of England, Financial Conduct Authority and Commodity Futures Trading Commission sought to dispel regulatory uncertainty and guarantee continued market functioning in today’s (February 25) joint statement. However, certain elements of the agreement are still being worked out.
“These
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