FCA Resets Bridging Program Deadline After Brexit Delay

Law360, London (October 30, 2019, 5:31 PM GMT) -- Britain’s finance watchdog has set a new Jan. 15 deadline for European Union companies that want to change their applications for permission to continue working in the country after the U.K. leaves the EU.

Companies do not need to put contingency plans in place in case Britain leaves the bloc without a deal on Oct. 31 after the EU agreed to grant another extension for the departure to Jan. 31, the Financial Conduct Authority said. 

Businesses operating in Europe that wish to apply for the Temporary Permissions Regime — which allows companies to work in Britain for the duration of their existing...

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