Financial Services Compliance Blog - Thistle Initiatives

UPDATE - Brexit briefings for regulated firms - Thistle Initiatives

Written by Thistle Initiatives - Compliance consultancy | Mar 7, 2019 12:00:00 AM

What happened?

The FCA will shortly be hosting two March briefings for regulated firms in preparation for the UK leaving the European Union. These will take place in London and Edinburgh with live webcasts. Details are available here.

The FCA is working to ensure as smooth a transition as possible as the UK prepares to leave the European Union. A significant part of this is to make sure that all firms are ready for 29 March 2019. It is hosting the briefings to give firms a clearer understanding of its approach to managing the impact of Brexit.

The events will take place on:

  • 11 March – in Central London with a live webcast
  • 14 March – in Edinburgh with a live webcast

At both events, FCA Nausicaa Delfas, Executive Director of International, will explain how the FCA has been preparing for Brexit and its expectations of firms. The session will also include a panel Q&A session where firms can discuss any concerns they may have. Firms can submit questions in advance when they register.

Both events will be live streamed and will include the opportunity for viewers to submit questions. In-person attendance at either event is limited to two representatives per regulated firm. There is no limit on the number of registrations for the live webcasts.

These events are aimed at senior level staff in regulated firms who are involved in Brexit preparations and the FCA particularly encourages smaller firms to attend.

Briefing details are available here.

How can Thistle help you?

Thistle can provide a full range of compliance services, including help with FCA or PRA authorisation, advice on how to improve your systems and controls in view of Brexit, past business and complaint handling reviews and remedial solutions.