Gov’t Mulls Interim Powers For Watchdogs In ‘No Deal’ Brexit

Law360, London (January 24, 2019, 2:45 PM GMT) -- The government has asked an influential parliamentary committee for its opinion on proposals to hand temporary powers to U.K. financial regulators, which would allow financial services companies to skirt some regulations if Britain crashes out of Europe without a deal.

HM Treasury has asked the Treasury Committee for a response to its plans to give the Bank of England, the Prudential Regulation Authority and the Financial Conduct Authority power to waive some aspects of their supervision of British banks and other businesses.

The ministry wants to know whether the proposals will help soften the impact of regulatory change on U.K. banks if the country...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Read the full article

Already a subscriber? Click here to login

Related Sections

Government Agencies