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ESMA and EU securities regulators establish a Memorandum of Understanding with FCA in the event of a no-deal Brexit


1 February 2019
 
The European Securities and Markets Authority (ESMA) and European securities regulators have agreed on a Memoranda of Understanding (MoU) with the British Regulator, the Financial Conduct Authority (FCA) that​ it will ​take effect in the event of a no-deal Brexit scenario. 
 
The memorandum is an integral part of the preparations by authorities in the event of a no-deal Brexit scenario and is similar to those already concluded on the exchange of information, inter alia with many third country supervisory authorities

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