US and UK regulators strike deal to protect derivatives trading post-Brexit

Joint statement indicates ongoing co-operation, “whatever form” Brexit takes

Brexit and the City

UK and US regulators have unveiled a joint agreement to maintain the continuity of transatlantic derivatives trading post-Brexit, “in whatever form” the UK’s future relationship with the European Union takes.

The Bank of England (BoE), UK Financial Conduct Authority (FCA) and US Commodity Futures Trading Commission (CFTC) sought to dispel regulatory uncertainty and guarantee continued market functioning in a joint statement on February 25. However, certain elements of the agreement are still

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