Brexit Next: Legal Implications
The impact of Brexit - click here for the latest news on the impact in the financial services sector and here for a broader view for all businesses operating in, and trading with, the UK
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On 5 July 2016 we held our webinar 'Helping Financial Institutions deal with Brexit - perspectives from London and Frankfurt', delivered by (CMS UK) Simon Morris, Will Dibble; and (CMS Germany) Joachim Kaetzler. The recording is available to view and/or download to your mobile device. The speakers addressed the key ...
The regulators have used the half-year mark following implementation of the Senior Managers and Certification Regime (SM&CR) and the Senior Insurance Managers Regime (SIMR) to provide feedback on the success of each regime to date and detail a number of tweaks and amendments to the rules. The SM&CR will be ...
It is now six months on from the entry into force of the relevant laws required to implement the UCITS V Directive, and UCITS managers’ thoughts should have turned to prospectus updates. On 30 September 2016, Transitional Provision 31 to the FCA’s Collective Investment Schemes Sourcebook (“COLL”) will come to ...
RegZone has published a series of reports on Brexit and financial services. You can access the RegZone Brexit page for analysis, news and online training and seminar recordings (which you can download to your mobile device). You can also subscribe to a RegZone Brexit newsfeed – delivered in a daily ...
Recently, the Bulgarian National Bank (“BNB”) approved amendments to BNB Ordinance No. 16 on the licensing of payment institutions, e-money institutions and operators of payment systems. The amendments were published in the State Gazette on 2 September 2016 and came in force three days after publication. According to the amendments, ...
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* Estimated date
30 September 2016
Transposition deadline for Directive on basic bank accounts (i.e. 2 years after publication in the Official Journal)
3 October 2016
Deadline for responses to EIOPA's consultation regarding possible delegated acts under IDD (product governance / organisational arrangements).