How can investment firms prepare for Brexit?

Futureproofing ahead of 29 March deadline

Nausicaa Delfas, executive director of international at the Financial Conduct Authority (FCA), discusses how professional investment managers can prepare for the EU departure.

All independent financial advisors should now be finalising their preparations for when the UK leaves the European Union (EU). To help with this, the FCA has recently published updated information to help investment firms do just that, and provides further details on what investment managers need to consider and the actions they may need to take. At the FCA we are planning for a range of scenarios in relation to Brexit, including the possibility of the UK leaving the EU without a deal. A significant part of this is to ensure regulated firms are ready for exit day. Continental busin...