The UK 's Financial Conduct Authority will give financial services firms a 15-month period to ensure they comply with new regulatory frameworks following a no - deal Brexit . The organisation has released its " near - final " guidance on what leaving the EU without a deal would mean for companies , stating that the grace period would allow firms the necessary time to realign their operations without causing undue disruption .
The UK's Financial Conduct Authority will give financial services firms a 15-month period to ensure they comply with new regulatory frameworks following a no-deal Brexit. The organisation has issued its "near-final" guidance on what leaving the EU without a deal would mean for companies, stating that the grace period would allow firms the necessary time to realign their operations without causing undue disruption.