Treasury readying Brexit contingency plans for finance industry

Treasury said on Thursday it would soon start putting contingency arrangements in place for financial services regulation if the country crashes out of the European Union without a deal.The Treasury said that firms should still continue to plan for a transition phase of just under two years, which will come into force when Britain leaves the EU in March 2019 as long as the two sides agree a deal."The government will ensure a workable legal regime is in operation whatever the outcome of negotiati