Brexit resources

First published: Last updated: 09/10/2020

Find all our news, statements, speeches and publications related to Brexit.

Telephone line

We urge all firms to consider the implications of a no-deal exit and finalise their preparations.

If you need help, call our dedicated telephone line on 0800 048 4255. The line is open Monday, Tuesday, Wednesday and Friday 9am to 5pm, and Thursday 9.45am to 5pm.

This is particularly relevant for firms that:

  • are a UK business who does any business in the EEA
  • passport into the UK and have not notified the FCA for entry into the Temporary Permissions Regime
  • have consumers in the EEA
  • transfer personal data from the EEA

News and statements

Title

Date
FCA writes joint letter with the Bank to CEOs of UK and international banks October 2020

FCA publishes rules that will apply at the end of the transition period

 October 2020
Statement on MiFID trade reporting and position limit obligations October 2020
FCA launches consultation on the regulation of international firms September 2020
FCA confirms MoUs with ESMA and EU securities regulators July 2020
Information for firms during the implementation period January 2020
UK's exit from the EU delayed October 2019
FCA sets out latest expectations for firms on Brexit October 2019
Updates to the FCA’s directions under the Temporary Transitional Power September 2019
FCA steps up efforts to ensure firms are getting ready for a no-deal Brexit September 2019
FCA announces extension to its use of the temporary transitional power July 2019
FCA update on share trading obligations May 2019
FCA confirms extension of temporary permissions regime deadline to 30 October 2019 May 2019
Update on Brexit delay March 2019
Brexit: the FCA confirms final rules for firms March 2019
FCA to introduce UK Benchmarks Register March 2019
PRA and FCA agree Memorandum of Understanding (MoU) with EBA

FCA sets out latest expectations for firms on Brexit

 March 2019
FCA statement on the reporting of derivatives under the UK EMIR regime in a no-deal scenario March 2019
FCA statement on share trading obligations March 2019
Endorsement of credit ratings from the European Union into the United Kingdom for regulatory use in the event of a no-deal Brexit March 2019
Statement on various MiFID obligations and benchmarks regulation if the UK leaves the EU without an implementation period March 2019
FCA statement on the reporting of derivatives under the UK EMIR regime in a no-deal scenario March 2019
Statements of Policy on the operation of the MiFID transparency regime February 2019
FCA confirms proposals in the event of a no-deal Brexit February 2019
Joint statement by UK and US authorities on continuity of derivatives trading and clearing post-Brexit February 2019
FCA releases updated guidance on EU departure preparations February 2019
Brexit briefings for regulated firms February 2019
FCA approach to MiFID transparency calculations February 2019
Financial Conduct Authority outlines how it would use the temporary transitional power February 2019
Brexit – what we expect firms and other regulated persons to do now February 2019
FCA FIRDS and transaction reporting February 2019
FCA agrees MoUs with ESMA and EU regulators to allow cooperation and exchange of information February 2019
Requirements for UK trade repositories and reporting counterparties February 2019
List of EEA market operators applying to become a recognised overseas investment exchange (ROIE) January 2019
Advance applications for credit rating agencies and trade repositories now open January 2019
Notification window for the temporary permissions regime now open January 2019
Statement on treatment of Gibraltar in our Handbook after Brexit December 2018
The financial services contracts regime December 2018
Update on preparing your firm for Brexit December 2018
European Supervisory Authorities publish draft Regulatory Technical Standards on bilateral margin requirements for contracts novated from UK to EU entities in a no-deal scenario November 2018
FCA Statement on EU Withdrawal Impact Assessment November 2018
FCA launches further consultation ahead of the UK’s exit from the EU November 2018
ESMA publishes draft Regulatory Technical Standards on the clearing obligation for contracts novated from UK to EU entities in a no-deal scenario November 2018
The FCA consults on its approach ahead of the UK’s exit from the EU October 2018
Registering as a credit rating agency October 2018
Registering as a trade repository October 2018
Temporary authorisation regime for data reporting services providers (DRSPs) October 2018
Our approach to overseas market operators seeking to apply to become a recognised overseas investment exchange September 2018
Update on the temporary permissions regime July 2018
The FCA’s role in preparing for Brexit June 2018
FCA statement on EU withdrawal following the March European Council March 2018
FCA statement on EU withdrawal December 2017
Statement on European Union referendum result June 2016

    Policy papers

    Title Date
    CP20/18: Quarterly Consultation Paper No. 29 October 2020
    CP19/33: Quarterly Consultation Paper No 26 December 2019
    PS19/26: Brexit - Regulatory Technical Standards for Strong Customer Authentication and Common and Secure Open Standards of Communication October 2019
    CP19/27: Quarterly Consultation Paper No 25 September 2019
    PS19/10: Recovering the costs of regulating credit rating agencies, trade repositories and securitisation repositories after the UK leaves the European Union March 2019

    Statements of Policy on the operation of the MiFID transparency regime

    		 February 2019
    PS19/5: Brexit Policy Statement: Feedback on CP18/28, CP18/29, CP18/34, CP18/36 and CP19/2 February 2019
    CP19/2: Brexit and contractual continuity January 2019
    CP19/1: Recovering the costs of regulating securitisation repositories after the UK leaves the European Union January 2019
    CP18/44: Brexit – Regulatory Technical Standards for Strong Customer Authentication and Common and Secure Open Standards of Communication December 2018
    CP18/36: Brexit: proposed changes to the Handbook and Binding Technical Standards – second consultation November 2018
    CP18/28: Brexit: proposed changes to the Handbook and Binding Technical Standards – first consultation October 2018
    CP18/29: Temporary permissions regime for inbound firms and funds October 2018

    Other publications

    Title Date

    Our approach to EU non-legislative materials (PDF)

    		 October 2020

    Our approach to non-Handbook guidance where it relates to EU-law or EU-derived law (PDF)

    		 October 2020

    Completing our forms after the UK’s withdrawal from the EU (PDF)

    		 October 2020
    Handbook Notice No 80 (PDF) September 2020
    Market Watch issue 64: market conduct and Brexit and MiFID II transaction reporting issues (PDF) August 2020
    Market Watch issue 61 (PDF) October 2019
    Electronic Money, Payment Services and Payment directions amended July 2019
    Our approach to EU non-legislative materials  March 2019
    Our approach to non-Handbook guidance where it relates to EU-law or EU-derived law March 2019
    Completing our forms after the UK’s withdrawal from the EU  March 2019

    Draft direction under regulation 64(1) of the Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019 (PDF)

    		 January 2019

    Draft direction under regulation 78A(6) of the Alternative Investment Fund Managers Regulations 2013 (as amended, in particular by the Alternative Investment Fund Managers (Amendment etc.) (EU Exit) Regulations 2019 (PDF)

    		 January 2019

    Draft instrument: Exiting the European Union: Gibraltar (General Rules) instrument 201[x] (PDF)

    		 December 2018
    Direction: Temporary permission notification (e-money) (PDF) December 2018
    Direction: Temporary permission notification (payments) (PDF) December 2018
    EU Withdrawal Impact Assessment (PDF) November 2018
    Letter from Andrew Bailey to Rt Hon Nicky Morgan MP, Chair of the Treasury Select Committee (PDF) November 2018
    Direction: Temporary permission notification (PDF) November 2018
    Direction: Application for ROIE status (PDF) September 2018
    Dear CEO letter: Cross-Border Booking Arrangements (PDF) August 2018
    Correspondence with the Association of British Insurers about EU withdrawal (PDF) March 2018
    Letter from Andrew Bailey to the Treasury Committee (PDF) January 2017

      Speeches

      Title Date
      Building a financial regulatory system suitable for the UK in the new era July 2020
      FCA’s national and international response to coronavirus (Covid-19) and Brexit May 2020
      Nausicaa Delfas's speech: 'Global regulation, local solutions' January 2020
      Nausicaa Delfas's speech: 'The future of financial services regulation in the UK' October 2019
      Andrew Bailey's speech: 'Preparing for Brexit in financial services: the state of play' September 2019
      Nausicaa Delfas's speech: 'Regulatory co-operation between the UK and US: now and in the future' June 2019
      Andrew Bailey's speech: 'The future of financial conduct regulation' April 2019
      Nausicaa Delfas's speech: 'Brexit and beyond' March 2019
      Nausicaa Delfas's speech 'Maintaining market confidence: an update on Brexit' November 2018
      Andrew Bailey's speech 'Brexit and Financial Services: where have we got to?' October 2018
      Sarah Rapson's speech 'An update on our approach to authorisation and our Brexit preparations' October 2018
      Nausicaa Delfas's speech 'The FCA’s approach to Brexit: our preparations and our vision for the future' July 2018
      Andrew Bailey's speech 'EU withdrawal: transition and financial regulation' March 2018
      Andrew Bailey's speech 'The Future of the City' February 2018
      Andrew Bailey’s speech 'Free Trade in Financial Services matters' September 2017