Policy paper

Proposal for a temporary transitional power to be exercised by UK regulators

This publication set out HM Treasury’s proposal for a temporary transitional tool to be exercised by the UK regulators.

• From: HM Treasury
• Published: 8 October 2018
• Last updated: 29 October 2019 — See all updates

This was published under the 2016 to 2019 May Conservative government

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Proposal for a temporary transitional power to be exercised by UK regulators

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This paper explains HM Treasury’s intention to provide the UK financial regulators with a temporary transitional power to phase in requirements for UK regulated firms that will change under onshoring legislation. The power will be delegated to UK regulators secondary legislation under the EU (Withdrawal) Act and will only be used in the no-deal scenario.

Published 8 October 2018
Last updated 29 October 2019 + show all updates

1. 29 October 2019

   'Stay up to date' call out box updated.

2. 8 October 2018

   First published.