On 27 November, FIA responded to the UK Financial Conduct Authority’s consultation on its approach to international firms.
FIA members firmly support the FCA’s goal of ensuring that offering financial services to UK market participants is appropriately regulated and supervised. Among other issues, FIA’s response focuses on the territorial scope of the FCA’s approach, UK customer and client definitions, the application of the Senior Managers Regime and the FCA’s view on branches.
- Cross Border
- Regulatory Responses