The notification window for the temporary permissions regime, in the event of a ‘no-deal’ Brexit, is now open.

Andrew Bailey has called on EU regulators to better engage with the FCA to reach agreement ahead of Brexit.

The FCA’s ‘Brexit minister’ Nausicaa Delfas says the regulator is ready for all potential outcomes of the final Brexit negotiations, including a ‘cliff-edge’ or hard Brexit which could result in sudden change to the regulatory environment.

FCA chief executive Andrew Bailey has called for “a permanent commitment to open financial markets” but accepts Brexit will take place in March next year.