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Regulatory Divergence: UK vs. EU Post-Brexit for Forex Brokers
The regulatory landscape for forex brokers operating in both the UK (FCA) and the EU (ESMA/local regulators) continues to diverge. We're finding it increasingly complex to maintain full compliance across both jurisdictions without redundant efforts. Specifically, we're navigating differing interpretations of marketing rules and client categorisation. Any brokers successfully streamlining their compliance processes across these two significant blocs?
2 comments · 5 points
Absolutely, it's a constant battle. We've ended up almost running two parallel compliance departments just to keep everything straight. The client categorization differences are particularly annoying.