France’s ACPR will not comply with Eiopa Brexit recommendation
The French prudential regulator, the Autorité de contrôle prudentiel et de résolution (ACPR) has said it will not comply with a recommendation made by the European insurance and pensions regulator in the case of a no-deal Brexit.
The decision could cause frictions for insurance firms with operations that span the border, highlighting one of the many ways in which a disorderly Brexit could impact financial services.
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