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