FCA signs new agreement with Asic as Brexit looms

UK regulator ensures continuity for trade repositories and alternative investment funds

brexit

The UK’s Financial Conduct Authority has signed new agreements with the Australian Securities and Investment Commission in preparation for the UK’s exit from the European Union.

Today (April 9) the two regulators agreed on a new relationship designed to ensure continuity following Brexit, specifically with regard to trade repositories and alternative investment funds.

“The MoUs (memoranda of understanding) we have agreed today will ensure the FCA and Asic have uninterrupted exchange of

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