The Financial Conduct Authority announced that it will use temporary transitional power to avoid trading disruption and allow firms to continue trading in EU venues at the end of the Brexit transition period on 31 December.

The City Watchdog set out its approach to rules that govern how and where shares are traded on 4 November, as the Brexit talks restart after initially falling through in mid-October and the possibility of general equivalence, which would regard UK financial regulation as in line with regulation in the other 27 EU states, remains unclear.