UK’s financial regulator, the Financial Conduct Authority (FCA) will allow for UK stock market participants to access EU stock markets following the same rules as before Brexit
This comes as a stark contrast to the measures from the other side of La Manche. European Securities and Markets Authority (ESMA) have stated that they will not allow EU companies to trade on London markets or any other venue under the jurisdiction of the FCA in the event of a no-deal Brexit. This hard-line stance has been reinforced from 2019 and has only recently been slightly relaxed when the ESMA created an exception for EU companies that trade their shares in Pound Sterling. This exception encompasses quite the small number of entities, however.
Damn, that looks sad. It's starting to look like one of those disused railway yards.
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