MLROs.com’s Brexit News
FCA Speaks on Future of Regulation
FCA Speaks on Future of Regulation Nausicaa Delfas spoke on the future of UK financial regulation post-Brexit. She said FCA continued to prepare for Brexit, whatever form it takes and whenever it happens, and referenced its preparations for...
FCA Provides Brexit Preparations Update for Firms
FCA Provides Brexit Preparations Update for Firms The FCA has published an update on the steps firms will be expected to take in the event that there is a hard Brexit. In particular, the FCA reminds EEA passporting firms of the need to...
Queen’s Speech Suggests Post-Brexit FS Bill
Queen’s Speech Suggests Post-Brexit FS Bill Among the list of legislative proposals referred to in the Queen’s Speech is laws that will provide “certainty, stability and new opportunities” for the financial services sector...
Market Watch Brexit Special
Market Watch Brexit Special FCA’s latest Market Watch newsletter is aimed at helping firms prepare for a possible no-deal Brexit. The edition covers: transaction reporting and the temporary transitional power – but noting firms may need...
European Banking Authority Published Communication on Preparation for Brexit
European Banking Authority Published Communication on Preparation for Brexit The European Banking Authority (EBA) has published a Communication on the remaining issues for financial institutions ahead of the UK’s departure from the EU. In...
Government Published No-Deal Readiness Report
Government Published No-Deal Readiness Report The Government has published its “No-Deal Readiness Report” detailing the UK’s preparedness ahead of Brexit on 31 October. The Report contains a section on financial services which, amongst...
Lords Publishes Brexit FS Evidence
Lords Publishes Brexit FS Evidence The House of Lords Select Committee on the EU has published the uncorrected oral evidenceof its heading on financial services supervision after Brexit. The hearing looked at the differences between...
Treasury Committee Letter to Chancellor on Effect of Brexit on Insurance Contracts
Treasury Committee Letter to Chancellor on Effect of Brexit on Insurance Contracts The Treasury Committee has published a letter written to the Chancellor of the Exchequer highlighting the problem with insurance contracts sold under...
ECB: Brexit Clock is Ticking
ECB: Brexit Clock is Ticking Sabine Lautenschläger, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, talks about developments in the preparatory work of banks and supervision in light of the UK...
Government Publishes Post- Brexit Sanctions Plans
Government Publishes Post- Brexit Sanctions Plans Treasury, the FCO and the Department for International Trade have announced the publication of the Sanctions Bill, which will ensure the UK has the necessary powers to implement sanctions...