Following Brexit and the UK’s withdrawal from the EU, the FPC will assess the implications of any firms’ actions on financial stability, working alongside the Financial Conduct Authority and the Prudential Regulation Authority.
It said: “Sudden adjustment could disrupt the provision of market liquidity and investment banking services, particularly to the EU real economy, which could spill back to the UK economy through trade and financial linkages.
“Over a longer horizon, the FPC is alert to the potential for greater complexity in firms’ business structures to reduce the resilience of the UK financial system and is examining appropriate mitigation.”
