On October 12, 2018 the UK government published a technical notice providing guidance on the implications for legal entities operating across the UK-EU border if the UK leaves the EU with no agreement.
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Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018
On 5 October 2018, HM Treasury published a draft of the Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018 together with an explanatory note.
LMA supplementary note on Brexit contingency planning - loss of financial services passports
UK Government issues Brexit papers on ‘no deal’ planning
On 23 August 2018, the Secretary of State for Exiting the EU, Dominic Raab MP, gave a speech on planning for a ‘no deal’ Brexit.
Draft Capital Requirements (Amendment) (EU Exit) Regulations 2018
On 21 August 2018, HM Treasury published a draft of The Capital Requirements (Amendment) (EU Exit) Regulations 2018 (the draft SI), together with an explanatory memorandum.
UK Government – Framework for the UK-EU partnership in financial services
On 20 August 2018, the UK Government published a presentation setting out its views on the framework for the UK-EU partnership in financial services.
Draft Short Selling (Amendment) (EU Exit) Regulations 2018
On 9 August 2018, HM Treasury published a further financial services related draft statutory instrument (draft SI) under the European Union (Withdrawal) Act 2018.
FMLC report on continuity concerns in legacy contracts post-Brexit
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.
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.