Articles

This report was originally published by Nabarro (28 July 2016).

This report looks at how Brexit may alter the balance that AIFMD has struck between increased compliance burdens on one hand, and smoother market access on the other.

 

This report was originally published by Nabarro (20 July 2016).

The report covers the advice published by the European Securities and Markets Authority (ESMA) on extending the AIFMD passport to non-EU managers.

On 16 May 2017, the Court of Justice of the European Union (CJEU) handed down its opinion on the process for concluding the EU’s free trade agreement (FTA) with Singapore, a so-called “new generation” FTA with a wider scope than more traditional FTAs. This widely awaited opinion provides clarity on ...

The proposals in the UK Prime Minister’s speech on 17th January and the White Paper on 2nd February will require a new construct for cross-border regulatory coordination between the EU and the UK, which will operate in a complex legal and regulatory environment (outside the EU/EEA single market). CMS and ...

CMS held a pan-European seminar on 17 March on "Cross-border banking and investment structures post-MiFID II and Brexit".

The seminar covered: 
Overview (Ash Saluja, CMS UK)
Local EU jurisdictions:
Jérôme Sutour (CMS France)
Andreas Feneis (CMS Germany)
Darragh Murphy (McCann Fitzgerald, Ireland)
Paolo Bonolis (CMS Italy)
Perspective from a third country (Kaspar Landolt, CMS Switzerland)
Looking ahead (Paul Edmondson, CMS UK)

The seminar slides are available to view/download via the link in the title.

The UK Supreme Court has given its judgment in the matter of R (on the application of Miller and another) v Secretary of State for Exiting the European Union [2017] UKSC 5 – more commonly known as “the Article 50 Brexit appeal”. The Court, by a majority of 8:3, has ...

The UK Supreme Court has announced that its decision in the appeal of R (on the application of Miller & Dos Santos) v Secretary of State for Exiting the European Union [2016] EWHC 2768 (Admin) – otherwise more commonly known as “the Article 50 Brexit appeal” – is due on ...

We are pleased to offer the recording of our recent webinar 'Helping Financial Institutions deal with Brexit - perspectives from London, Paris and Frankfurt' delivered by Simon Morris (CMS UK), Jerome Sutour (CMS France), and Oliver Dreher (CMS Germany). To view or download the recording, please click here. The slides ...

CMS, in partnership with the Legatum Institute, hosted a panel discussion - 'Brexit update on financial services'.

The panel discussion covered:

views and news from the continental centres (Frankfurt, Paris, and Luxembourg)

lessons from the Swiss experience

the work of the Legatum Institute and its Special Trade Commission

debate about the likely outcome for FS sector

The speakers were Shanker Singham (Director of Economic Policy and Prosperity Studies, Legatum Insitute), Paul Edmondson (CMS UK), Andreas Feneis (CMS Germany), Jerome Sutour (CMS France), Vivian Walry (CMS Luxembourg), and Kaspar Landolt (CMS Switzerland).

To view or download the slides from the event, please click on the link in the title.

Recent Brexit Developments in Scotland Our “The future of Scotland post Brexit” report was published in the weeks after the EU Referendum to reflect where Scotland was at that point. Since then there have been some developments in the debate and also some reaction to the public pronouncements coming from ...