GovWire

Policy paper: Memorandum of understanding: equivalence and exemptions

Hm Treasury

October 17
10:57 2019

Details

This memorandum of understanding (MoU) is established in accordance with regulation 6 of the Equivalence Determinations for Financial Services and Miscellaneous Provisions (Amendment etc) (EU Exit) Regulations 2019.

The MoU sets out how HM Treasury, the Bank of England, the Prudential Regulation Authority and the Financial Conduct Authority expect to coordinate their respective functions in relation to equivalence and exemption determinations.

Published 17 October 2019