Policy paper

Memorandum of understanding: equivalence and exemptions

Memorandum of understanding between HM Treasury, the Bank of England, the Prudential Regulation Authority and the Financial Conduct Authority on equivalence and exemptions determinations.

• From: HM Treasury
• Published: 17 October 2019

This was published under the 2019 to 2022 Johnson Conservative government

Documents

Memorandum of understanding between HM Treasury, the Bank of England, the Prudential Regulation Authority and the Financial Conduct Authority: equivalence and exemptions

Ref: ISBN 978-1-912809-84-4, PU2282

Unnumbered act paper

PDF, 749 KB, 10 pages

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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