On 6 August 2018, the Financial Markets Law Committee (FMLC) published a paper, UK Withdrawal from the EU: Issues of Legal Uncertainty Arising in the Context of the Robustness of Financial Contracts.
Inside Brexit blog
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AFME and ISDA paper on contractual continuity issues in OTC derivatives post-Brexit
On 30 July 2018, AFME and ISDA published a paper looking at the challenges faced by UK and EU firms and their clients seeking to avoid uncertainty after Brexit.
UK temporary permissions regime to allow EEA financial services firms and non-UK CCPs to operate in the UK post-Brexit
House of Lords Committee inquiry into UK’s relationship with the European Investment Bank post-Brexit
The House of Lords EU Financial Affairs Sub-Committee has launched an inquiry into the UK’s future relationship with the EIB and the potential consequences of the UK losing access to EIB funding.
Update on the regulatory approach to preparations for EU withdrawal
The Chancellor’s speech on financial services
The Chancellor of the Exchequer, Philip Hammond, has made a speech on Brexit and financial services.
Briefing note on the PRA’s position regarding international bank authorisations
Latest Brexit and financial services video
In this video we take a brief look at the PRA’s recent consultation paper on branch authorisations.
HM Treasury sets out proposed approach to onshoring EU financial services legislation
HM Treasury has published a letter from Stephen Barclay, Economic Secretary to the Treasury, to Nicky Morgan, Treasury Committee Chair, concerning the onshoring of EU financial services legislation.
LMA Submission to the House of Lords 'Brexit: deal or no deal' inquiry
The LMA believes that any sudden loss of passporting rights arising from a “no deal” Brexit could damage a variety of lending & loan market activities of UK banks unless measures are put in place.