FCA’s Bailey: firms need Brexit clarity fast

canary-wharf-night
Andrew Bailey: firms will be taking decisions that may be “irreversible”

Firms require certainty on Brexit outcomes if they are to make informed decisions and they may soon reach a point of no return, Financial Conduct Authority chief Andrew Bailey said today (October 31).

Although the final cut-off for Britain’s exit from the European Union is not set to arrive until April 2019, firms will be taking decisions that may be “irreversible”, or at least hard to reverse, over the next few months, he warned.

Hiring decisions are likely to prove particularly challenging,

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: