BoE sets out post-Brexit supervision plans

Bank of England
The BoE will be responsible for supervising branches of EU-headquartered financial firms from 2019
Daniel Hinge

The Bank of England has set out how it plans to grant authorisations to banks and insurers post-Brexit, offering some clarity on what future supervisory relationships may be.

Currently, branches of EU-headquartered banks and insurers operating in the UK are supervised by home authorities. Post-Brexit, firms will need to apply for authorisation from the BoE’s Prudential Regulation Authority, which will become their new supervisor.

The key points, set out in a series of documents today (December

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

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: