United Kingdom: Financial Sector Assessment Program-Financial Stability and Managing Institutional, Technology, and Market Transitions
Electronic Access:
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Summary:
There has been a very smooth post-Brexit transition, with no material disruption nor any crystalized financial stability risks. This was the result of the U.K. authorities’ (and in some cases the EU authorities) and firms’ extensive preparations. The U.K. authorities have been proactively engaging with the industry, monitored risks, and consistently provided necessary legal certainty in a timely manner. This approach should continue, to the extent that any risks and uncertainties from Brexit remain.
Series:
Country Report No. 2022/107
Subject:
Central Bank digital currencies Financial sector policy and analysis Financial sector stability Financial services Interbank rates International organization Monetary policy Technology Virtual currencies
Frequency:
regular
English
Publication Date:
April 8, 2022
ISBN/ISSN:
9798400205316/1934-7685
Stock No:
1GBREA2022008
Pages:
85
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