The following Financial Services practice note Produced in partnership with Tony Katz and Puesan Lam and Paul Hardy of DLA Piper provides comprehensive and up to date legal information covering:
BREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation period entered into following the UK’s withdrawal from the EU. Following IP completion day, key transitional arrangements come to an end and significant changes begin to take effect across the UK’s legal regime. This document contains guidance on subjects impacted by these changes. Before continuing your research, see: Brexit and financial services: materials on the post-Brexit UK/EU regulatory regime.
This Practice Note considers the impact on the UK financial services sector in the event of a ‘no deal’ World Trade Organization (WTO) Brexit outcome (where there is no deal between the EU and UK and the parties fall back on the WTO rules) and does not consider transitional provisions that may be put in place between the UK and European Economic Area (EEA).
Financial institutions (banks, investment firms, fund managers, insurers, insurance intermediaries, mortgage credit brokers, payment institutions and e-money issuers) across the EU benefit from the EU Single Market for Financial Services which is based on the principle of mutual recognition and harmonisation of standards.
One of the key features of the EU Single Market for Financial Services is the ‘European passport’. This allows financial institutions to carry out their activities across the EU without setting up a separate entity and/or obtaining separate authorisation in each
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Private nuisancePrivate nuisance is an unlawful interference with a person's use or enjoyment of land or some right over or in connection with it. Interference must be unreasonable, and may be caused, eg by water, smoke, smell, fumes, gas, noise, heat or vibrations. Where the defendant has not
This Practice Note considers proprietary estoppel from a generic standpoint.For industry specific guidance on proprietary estoppel, see Practice Notes:•Estoppel and property law•Mortgages by estoppelProprietary estoppel—what is it?Unlike the other forms of estoppel (see Practice Note: Estoppel—what,
This Practice Note provides guidance on the interpretation and application of the relevant provisions of the CPR. Depending on the court in which your matter is proceeding, you may also need to be mindful of additional provisions—see further below.Note: this Practice Note does not deal with the
This Practice Note provides a high-level introduction to diversity and inclusion (D&I) and key reasons why it is important to law firms. Specific aspects of D&I are covered in more detail in Practice Notes:•The growing focus on diversity and inclusion (D&I) in law firms•Unconscious bias—law
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