Brexit Analysis: What does this mean for the financial services sector? By Chris Bernard, Head of FS at LexisNexis

Brexit Analysis: What does this mean for the financial services sector? By Chris Bernard, Head of FS at LexisNexis

 

The UK left the EU on 31 January 2020 and has now entered into an implementation period that is due to end on 31 December 2020. During that time, the UK will remain subject to EU financial services legislation, and EU passporting arrangements will continue to apply in the UK.

We are now in an implementation period. What happens now? How does this affect the temporary permissions and transitional regimes? Could there still be a no-deal Brexit in 2021? And what should financial services firms do now?

Our Head of Financial Services, Chris Bernard, discusses these issues in detail. This analysis considers what Brexit means for financial services during the implementation period and beyond.


Click below to read the full article:

The UK has left the EU: What does this mean for financial services?

 

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About the author:

Amy is an established writer and researcher, having contributed to publications, such as The Law Society, LPM, City A.M. and Financial IT. Her role at LexisNexis UK involved leading content and thought leadership, as well as writing research reports, including "The Bellwether Report 2020, Covid-19: The next chapter" and "Are medium-sized firms the change-makers in legal?"