European firms have until 30 October to secure no-deal Brexit permits

Brexit 2019 8

European firms passporting into the UK need to notify the Financial Conduct Authority that they wish to enter the temporary permissions regime by 30 October in order to ensure they are able to continue operating in the event of no-deal Brexit, the regulator has said.

Companies domiciled in the European Economic Area are currently able to conduct business in the UK under a freedom of services arrangement with the EU in a practice called passporting.

UK firms use

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