Adviser firm does not need to seek authorisation from local EU regulators if there is no deal Brexit
Yesterday we reported that The Right Mortgage had informed a protection advice firm that two of its advisers working overseas in the EU would be suspended in the event of a no deal Brexit, unless authorisation from their local authority had been achieved, even though they only advised UK business. Today COVER has learnt that The Right Mortgage confirmed that following a conversation with the Financial Conduct Authority (FCA), no advisers working overseas will be suspended from the network if the...
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