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As decided by the European Council on March 21st, if the British Parliament will approve by March 29th the agreement of withdrawal agreed by the UK government with the European Union, the exit of the United Kingdom from ...
BaFin, FCA und PRA agree on supervisory cooperation after Brexit.
Since the outbreak of the coronavirus pandemic, many companies around the world have been closed or have been forced to cut production dramatically. In the UK in particular, the question has arisen as to whether ...
On 3 December 2020, the UK Government (HM Treasury) issued a consultation paper (the Consultation) setting out a proposal to implement a new “special administration regime” (the SAR) which it is proposed would apply to ...
On 9 July 2020, the UK Financial Conduct Authority (FCA) published a 'Dear CEO' letter (the "Letter") addressed to Authorised Payment Institutions and E-money Institutions ("Firms") highlighting 6 key areas where it has ...
Prompted by the COVID-19 crisis, the FCA is consulting on temporary guidance which will apply to payment service providers (PSPs) and electronic money institutions (EMIs). While the proposed guidance focuses on ...
The UK Government has announced wide-sweeping measures including an assistive financial package of at least £330 billion to help businesses cope, which business can access from today.
For the past couple of years UK businesses have been receiving prompts and reminders about the need to prepare for the phase out of LIBOR and the transition to risk-free rates.
Conrad Purcell, Partner at Bird & Bird, looks at some of the implications of Brexit for project finance markets.
This briefing note advises readers on the immediate considerations and anticipates how a Brexit will impact on financial services law and financial services providers more widely.