Brexit asset management update

In this blog post we summarise the latest developments related to asset management. EU Exit draft SI  The draft Financial Services (Miscellaneous) (Amendment) (EU Exit) (No. 2) Regulations 2019 (SI) (with draft explanatory memorandum), which makes amendments to a number… Read more

Brexit corporate update: No-deal preparedness

As a no-deal Brexit (i.e. the UK leaving the European Union on 29 March 2019 without a withdrawal agreement in place) remains the legal default unless the European Union (Withdrawal) Act 2018 is amended ahead of that deadline, below are… Read more

Brexit Asset Management Update

In this blog post we summarise the latest Brexit developments related to asset management. Letters from UK financial regulators and HMT – preparations for no-deal Brexit FCA statement on operation of MiFID transparency regime post-Brexit FOS Q&As on effect of… Read more

Brexit Corporate Update

In this blog post we summarise the latest developments in UK corporate law and regulation related to Brexit. FCA confirms Handbook changes in the event of no deal Accounting and corporate reporting in the event of no deal Takeover Code – rule… Read more

Post-Brexit reporting reminders from the FCA

The FCA has issued Primary Market Bulletin 21 today focused on Brexit. It covers two issues, the Market Abuse Regulation and Short Selling Regulation (particularly the market makers exemption). ... Read more

11 weeks to Brexit: updated Brexit Legal Guide

Without an intervening event, the UK will withdraw from the EU at 11pm on 29 March 2019.   Otherwise much remains unknown. The negotiated withdrawal deal comprising a legally binding Withdrawal Agreement and non-binding Political Declaration is facing significant opposition in… Read more

Five months to Brexit: avoiding a “no deal” crisis

Paul Butcher and Tom Henderson have published an article in FERMA/AIRMIC's joint Brexit Newsletter advising risk management professionals of some of the key matters that they will need to consider to prevent a Brexit-related "no deal" crisis. Given it remains… Read more

BREXIT COMMERCIAL DRIVER BEHIND SCHEME OF ARRANGEMENT

Euroclear, one of the world’s largest securities depositories, confirmed earlier this year its plan to move its holding company from the UK to Belgium in preparation for the UK's exit from the EU.  The High Court has now sanctioned a… Read more

EIGHT MONTHS TO BREXIT: IS YOUR BUSINESS PREPARED?

As the clock ticks down to 29 March 2019, the UK and the EU are stepping up their preparations for the possibility of a "no-deal" outcome. From a corporate governance and risk management perspective, businesses that have not done so… Read more

Brexit 9 months to go: Brexit Legal Guide

As business makes increasingly vocal calls for legal certainty we are pleased to launch this updated Brexit Legal Guide. The new online guide will be regularly updated as the legal impact of Brexit evolves. Forthcoming updates will include reaction to… Read more

BREXIT: WHAT NEXT FOR BOARDS?

Businesses need to plan for the post-Brexit world using the best intelligence they can access.  The UK’s vote to leave the EU has caused a shock to the currency markets, ushered in a period of unprecedented political change and prompted… Read more

BREXIT: IPOS – CONCERN OVER UNCERTAINTY?

In the weeks leading up to the referendum, there was a hopeful expectation that a vote for the UK to remain in the EU would result in work beginning on a backlog of IPOs which had been held back. The… Read more