Brexit — The Temporary Permissions Regime (“TPR”) — A Reminder
In the event of a no-deal Brexit, reciprocal market access would no longer be available through the passporting arrangements between the EU and the UK for firms and investment funds. […]
Brexit — FCA Statement on share trading obligations
The FCA has issued the following statement in response to ESMA’s statement of share trading obligations under MiFID II: “The EU MiFID II and on-shored UK MiFID regimes both have […]
Brexit — PRA and FCA agree Memorandum of Understanding with the European Banking Authority
The Prudential Regulation Authority, the Financial Conduct Authority (FCA) and European Banking Authority (EBA) have announced that they have agreed a template Memorandum of Understanding (MoU). The template sets out […]
Brexit — FCA statement on various MiFID obligations and benchmarks regulation if the UK leaves the EU without a transition period
Following ESMA’s statement clarifying its approach to aspects of the MiFID position limits regime, post-trade transparency requirements, derivatives trading obligations and benchmarks regulation, the FCA has published a statement setting […]
Brexit — FCA to introduce UK Benchmarks Register
The FCA has said that in its plans to prepare for a range of outcomes in relation to Brexit, including the UK leaving the EU without a transition period, it […]
FCA Policy Statement 19/7 — Finalising the Directory
The FCA has published Policy Statement 19/7 which sets out the final rules on the Directory, a new public register for checking the details of certain individuals working in financial […]