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Showing 1 - 10 of 120 matches filtered by 'Brexit'

  • Brexit news for financial services firms from-3 September 2019 to 13 September 2019

    13/09/2019
    1.    EIOPA highlight risks of a no-deal Brexit The Joint Committee of the European Supervisory Authorities published its latest report on Risks and Vulnerabilities in the EU Financial System. The report highlights uncertainties surround the UK's exit from the EU. It states ‘Although there seems to be a “Brexit fatigue” in the financial sector, supervisors continue to encourage institutions to prepare...
  • Brexit news for financial services firms -from 17 August 2019 to 2 September 2019

    05/09/2019
    1.   BoE:The impact of Brexit on UK firms This BoE staff working paper assesses the impact of Brexit on UK firms with regard to levels of uncertainty, investment and productivity.
  • Brexit news for financial services firms - from 3 August 2019 to 16 August 2019

    19/08/2019
    HoC: Brexit and financial services HoC has updated its Library briefing paper which considers equivalence and the potential impact of no-deal Brexit on the sector.
  • Brexit news for financial services firms-from 20 July 2019 to 2 August 2019

    06/08/2019
    EC: EQUIVALENCE IN THE AREA OF FINANCIAL SERVICES The EC has set out its approach on equivalence and on recent legislative improvements in terms of how it grants equivalence to non-EU countries. It also describes how the EC and ESAs monitor the situation in those countries after equivalence decisions have been taken and how recent EU legislative changes have strengthened the equivalence framework....
  • Brexit news for financial services firms - from 6 July 2019 to 19 July 2019

    22/07/2019
    1.  HMT: LAUNCH FINANCIAL SERVICES FUTURE REGULATORY FRAMEWORK REVIEW HM Treasury has launched the first phase of the Financial Services Future Regulatory Framework review. This phase will look at how coordination between the regulatory authorities could be improved. Future phases will look at what adaptation is needed as the UK leaves the EU. The review is seeking submissions in relation to the...
  • Brexit news for financial services firms from - 21 June 2019 to 5 July 2019

    11/07/2019
    SWISS- EU RELATIONS: SWITZERLAND LOSES STOCKMARKET EQUIVALENCE The EU failed to renew its trading venue equivalence decision for Switzerland under MiFID/MiFIR. The previous short term decision expired at the end of June. The Swiss Federal Department of Finance (FDF) responded with measures announced in their press release here.  The Financial Times reported on market reaction in its article of 30...
  • Brexit news for financial services firms - from 10 June 2019 to 21 June 2019

    10/07/2019
    PRA:PS5/19 THE BANK OF ENGLAND'S AMENDMENTS TO FINANCIAL SERVICES LEGISLATION UNDER THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 An updated version of this PS has been published. The updated version can be found here.
  • Italy: IVASS urges UK insurers to submit their hard Brexit plan

    09/07/2019
    On 02 July 2019 IVASS (the Institute for the Supervision of Insurance) issued a letter addressed to UK Insurers pursuing business in Italy, asking to submit a plan on the measures adopted in case of hard Brexit (the “Letter”).
  • Brexit news for financial services firms - from 25 May 2019 to 7 June 2019

    10/06/2019
    1. FCA/AFM: JOINT AGREEMENT FCA and the Dutch Authority for the Financial Markets (AFM) met on 3 June 2019 and have signed a joint agreement of cooperation (the text of which has not been published). FCA notes that, in addition to building cooperation and information sharing post-Brexit, the agreement also ...
  • Brexit news for financial services firms – from 10 May 2019 to 24 May 2019

    29/05/2019
    1. PRA: Speech by Sam Woods: Stylish regulation Text of this speech, given on 16 May 2019 follows, in which Sam Woods considers the UK system of regulation post-Brexit, including comparing the UK and EU approaches to regulation. He sets out six principles for an effective regulation framework and suggests ...