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FCA's travel costs remain the same after the Brexit referendum

Brexit

Figures show Brexit process has not led to a spike in FCA travel costs - regulator has previously complained of being shut out of talks.

The Financial Conduct Authority (FCA) spent a total of £1.99m on travel in the UK and abroad in the year leading up to the Brexit referendum on 23 June 2016 and then £2.12m in the 12 months after the vote.

European regulators
The relatively small rise in travel costs indicates that the regulator has not dramatically increased its travel within Europe in order to take part in meetings with other European regulators.

This follows previous comments from FCA chief executive officer Andrew Bailey

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