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Showing 1 - 10 of 1128 matches for search 'brexit'

  • FCA: Appointment

    05/08/2022
    FCA has appointed Ruairi O’Connell from the Home Office as the new Director of International. He will be responsible for... helping to shape FCA’s international strategy and overseeing the regulator’s international engagement, including matters arising from Brexit.
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  • HoC European Scrutiny Committee: Retained EU law – where next?

    22/07/2022
    The Committee’s report discusses the Brexit Freedoms Bill, stating that it should provide that retained EU law cannot trump any incompatible... UK statute. The Committee supports the use of secondary legislation to change the substance of retained EU law and suggests that a “sunset” provision be included after which all retained EU law is repealed.
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  • BoE/PRA: Index of prudential and resolution policies

    20/07/2022
    Due to the onshoring process following Brexit, prudential and resolution policies are now hosted across a wide range of sources and... websites. BoE/PRA have now brought them together in one place, and divides them by sectors and topic areas. PRA is inviting comments on the Index.
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  • HMT: Solvency II reforms

    28/06/2022
    HMT has published a note on a meeting held on 27 June between Rishi Sunak, John Glen and executives from the... insurance sector as part of the consultation on post-Brexit reforms to Solvency II.
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  • HoL European Affairs Committee: The UK-EU relationship in financial services

    24/06/2022
    The Committee has published this report. It found that the overall outlook for the UK financial services sector post-Brexit is... positive, but cautions the Government against complacency and raises concerns over potential barriers to cross-border trade in financial services. The Committee suggests that the Government seems reluctant to recognise the importance of the UK-EU relationship, unwilling to fully engage with the EU institutions, or to acknowledge that developments in the EU still have significance for the UK. The Committee found that the absence of EU equivalence decisions for the UK reflects a political, rather than technical, approach on the part of the EU, and it appears that the UK is being held to a higher standard than other countries in this regard, but concludes that the absence of EU equivalence decisions has had less adverse impact than initially feared. The Committee found that the MoU on regulatory cooperation is being held up because of wider difficulties in the UK-EU relationship and considers that its earliest possible entry into force should be a priority for the Government.
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  • HoC: European Scrutiny Committee: Regulating after Brexit

    15/06/2022
    The Committee has launched an enquiry into the benefits and challenges to business and the UK economy of diverging from copied... EU regulations when the UK left the block, and where the Government should rewrite or repeal these laws. ToR have been published, with responses required by 22 July 2022.
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  • DDCMS: UK digital strategy

    13/06/2022
    The Government has announced its new digital strategy, which includes encouraging UK financial institutions, such as pension funds, to allocate more... capital to pre-IPO technology. The Government will also set out further detail on plans for other major digital industries, including a response to the public consultation on data reforms post-Brexit and a White Paper on AI governance which will set out a light-touch approach to regulating AI.
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  • ECB: Post by Andreas Enria: The desks mapping review – integrating Brexit banks into European banking supervision

    19/05/2022
    Text of Andrea Enria’s blog post of 19 May 2022 follows, in which he notes “no major supervisor has ever had... to assume, over a short period of time, the integration of a significant number of incoming institutions with global market activities belonging to groups headquartered in third countries in its supervisory remit”.
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  • HMG: Queen's Speech

    10/05/2022
    In addition to the Financial Services and Markets Bill, the Queen’s Speech announced, amongst other legislation: Brexit Freedoms Bill; Draft Digital... Markets, Competition and Consumer Bill; Electronic Trade Documents Bill; Economic Crime and Corporate Transparency Bill and the Online Safety Bill. Further details are available in the background notes document.
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  • HMT: Speech by John Glen

    28/04/2022
    John Glen’s speech at a German Economic Council event in Berlin on 27 April 2022 follows. Topics include: green finance;... sanctions; digital finance, and post-Brexit cooperation in the area of financial services.
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