FCA: Preparing your firm for Brexit: end of the transition period
12 Nov 2020
United Kingdom
1 min read
FCA has updated this webpage with a section on considerations for EEA firms conducting business in the UK. FCA notes that, where EEA firms do not plan to take advantage of the post-transition period regimes and are planning to stop servicing customers resident in the UK, they should notify the regulator of their plans. FCA emphasises that it expects financial services firms to treat customers fairly, including when considering what notice to provide and what support customers need to make alternative arrangements.