UK markets watchdog says midweek Brexit a challenge

LONDON (Reuters) - Britain's markets watchdog will take a "pragmatic" approach to financial firms that fail to report transactions on time if there is a no-deal Brexit on Oct. 31, it said on Friday, given the challenges of adapting to big changes midweek.Following Thursday's meeting between the prime ministers of Ireland and Britain, hopes for a divorce settlement have increased.The Financial Conduct Authority (FCA) set out guidance on Friday on what it will do if there is no deal by Brexit day,..