The Oxford University Press has just published “Brexit and Financial Regulation”, with contributions from a range of leading City practitioners, including Clive Cunningham, Alison Matthews and Katherine Dillon from the HSF Financial Services Regulatory and Insurance teams. Read more

The updated Insurance section of our Brexit Legal Guide is now available. This provides a useful overview, amongst other things, of whether the end of the transition period: requires incoming EEA (re)insurers and (re)insurance intermediaries to apply for, and obtain, full authorisation for their UK operations; will impact UK firms wishing to conduct activities in other jurisdictions without the … Read more

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

The post below was first published on our Insurance blog Recommendations issued on Tuesday by EIOPA emphasise the importance of safeguarding policyholders in the event of a “no deal” Brexit.  Encouragement given to EEA states to help UK insurers meet their obligations to EEA policyholders is particularly welcome. In some areas, EIOPA has provided explicit guidance on … Read more

Only fifteen days after activating the French Brexit Act (Act n°2019-30) authorising the French Government to set out ordinances relating to transitional measures due to a “no-deal” Brexit, the French Government published on 6 February an ordinance about financial services (Ordonnance n°2019-75, OJ 07.02.2019) (the “Order“). Read more

With Brexit day fast-approaching  and the draft Withdrawal Agreement defeated in the UK Parliament on 15 January 2019, the French Government has undertaken to enact measures in key areas in order to mitigate against the consequences of a “no deal” Brexit in France.  Read more

The European Commission has announced that it has started implementing its Brexit “no deal” Contingency Action Plan given the continuing uncertainty regarding ratification of the Withdrawal Agreement in the UK. This follows the Commission’s communication of 13 November 2018 which provided details of the types of contingency measures that it intended to take in a … Read more

Yesterday’s announcements on the terms agreed for the UK’s withdrawal from the EU say relatively little about the future framework for cross-border trade in goods or services. More detail is expected on this next week. The draft withdrawal agreement provides that a transition period will continue until 31 December 2020. Although this was provisionally agreed … Read more