The FIA European Principal Traders Association (FIA EPTA) appreciates the opportunity to respond to the FCA’s consultation paper on its approach to international firms and the process for setting out the FCA’s expectations of such firms operating in the United Kingdom under its framework. FIA EPTA is supportive of the FCA’s proposed flexible approach to the regulation of international firms. FIA EPTA would, therefore, like to use this opportunity to set out why we support this approach and how we believe it would benefit UK financial markets.
