Tag: temporary transitional power

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26 March 2020

HMT to retain Temporary Transitional Powers for UK Regulators for two years from 1 January 2021

It was confirmed yesterday by HM Treasury (HMT) in a statement to Parliament that it will retain the UK regulators’ “Temporary Transitional Power” (TTP), …
26 July 2019

Regulators extend transitional direction powers in line with Brexit delay

The Financial Conduct Authority ("FCA"), Bank of England ("BoE") and Prudential Regulation Authority ("PRA") yesterday announced measures to extend …