Sector Regulation Sector Regulation

UK financial services industry ready for no-deal Brexit, BOE’s Bailey says

By Fiona Maxwell
  • 22 Oct 2020 08:18
  • 22 Oct 2020 08:18
The UK financial services sector is prepared for a no-deal Brexit, but a trade agreement would still be the best outcome for all parties, Bank of England Governor Andrew Bailey said today.

The industry and the central bank have “done a huge amount of preparation” for the eventuality that the transition period for

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Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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