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FMLC publishes its response to HM Treasury consultation on transposing BRRD II

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Published on: 11 August 2020

Published by LNB News

LNB News 11/08/2020

Document Information

Issue Date: 11 August 2020

Published Date: 11 August 2020

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Financial Markets Law Committee (FMLC) has published its response to HM Treasury’s consultation, launched in June 2020, on the UK’s proposed approach to transposing Directive (EU) 2019/879 (BRRD II). In its response, the FMLC highlighted some issues of legal uncertainty arising from HM Treasury’s intention to diverge from EU law on those parts of BRRD II that will come into effect after the end of the Brexit implementation period.

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