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Today our updated Brexit Legal Guide was released. Below is a message from our Chair and Senior Partner James Palmer which accompanied the updated guide. Dear clients and professional colleagues, The outcome of the June 2016 UK referendum on EU membership ushered in a period of increasing political turmoil in the UK. When I wrote … Read more
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 the UK and will not be submitted for parliamentary approval until next week. Without a … Read more
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 already should carry out a Brexit assurance process in order to identify all Brexit-related risks … Read more
The global financial crisis in 2008 and the slump that followed were predicted to change the face of international banking, mark a retreat from globalism and result in much tighter regulation of institutions. The last is undoubtedly true, particularly in the European Union, as this region still struggles to deal with an overhang of bad … Read more
The EBA has published an opinion on Brexit-related issues, in order to ensure the consistent application of EU legislation to UK-based financial services firms who are seeking to establish in the EU27 or to enhance their presence to retain access to the EU Single Market post Brexit. The aim of the opinion is to … Read more
The post below was first published on our Fintech blog Companies specialising in internet and new technologies (so-called Fintechs) continue to play a key role in the French economy (for example in developing credit activities, targeting in particular the financing of small and medium-sized enterprises (SMEs) through lending platforms and crowd funding). Read more
The post below was first published on our Litigation Notes blog. The Financial Markets Test Case pilot scheme, which was due to end in September this year, is to be extended for a further three years. The scheme will also be expanded so that it applies to any Financial List claims which raise issues of … Read more
