Britain’s financial watchdog has warned European regulators that their plans to place limits on share trading if the UK crashes out of the European Union without a deal will cause disruption to investors. The Financial Conduct Authority and the European Securities and Markets Authority have been at loggerheads over where shares will trade after a no-deal Brexit. While the European regulator yesterday partially rowed back on restrictions outlined earlier this year, the FCA said that the changes were not enough. The dispute, which marks an intensification of the spat between the two regulators, centres on more 6,200 shares listed in the EU, including 14 UK stocks such as BP, Rio Tinto and Vodafone that are listed in London. The European authority initially said that the…

Source: The Times May 29, 2019 23:03 UTC