FCA and BoE complete 2018 review of MoU on market infrastructure

On 14 February 2019, the FCA issued a short performance statement on the operation of its memorandum of understanding (MoU) with the Bank of England (BoE) for market infrastructure. The FCA and the BoE have concluded that the MoU’s arrangements for co-operation remain effective, with appropriate co-ordination and no material duplication. The FCA and the BoE will update the MoU to ensure it continues to appropriately reflect their respective roles and responsibilities once the UK has left the EU.

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