FCA met government to discuss post-Brexit regulatory framework

Financial Conduct Authority

The meeting lasted two hours and involved representatives from the Department for Exiting the European Union. It was the longest of six meetings between the FCA and the DEXEU, since the government department was formed in July last year. The FCA admitted last year it had not carried out a review of its regulatory model prior to the referendum.  "There's a question mark over how much they need to have started at this stage, and how much time DEXEU will have to deal with FCA-type concerns,"