Post-Brexit regulation must avoid ‘race to the bottom’ - FCA official

Brexit and the City

An official from the UK’s Financial Conduct Authority has said European Union and UK Brexit negotiators can reach a good deal on financial regulation as long as they focus on principles.

“What matters more is not what road we take, but what that final destination is,” Nausicaa Delfas, executive director for international at the FCA, said at an event on July 19. She added “as long as the UK and the EU maintain a commitment to protecting consumers and to strong, open markets, there is no reason

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