It has been a period rife with notable shifts on the global stage; a new administration in the US, the end of the Brexit transition period and the reaching of key milestones in the discontinuation of LIBOR, to name but a few....more
11/16/2021
/ Banking Sector ,
Biden Administration ,
Climate Change ,
Cross-Border ,
Department of Labor (DOL) ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
Financial Conduct Authority (FCA) ,
Financial Markets ,
Financial Services Industry ,
Libor ,
OCC ,
Regulatory Oversight ,
Sustainability ,
UK
The UK has left the EU but there remains a vast array of operational and legal issues for businesses to address. See below for our perspectives on the key challenges and opportunities that Brexit presents for different...more
8/3/2021
/ Data Protection ,
Dispute Resolution ,
EU ,
European Commission ,
Financial Services Industry ,
Germany ,
Italy ,
Member State ,
State Aid ,
Technology Sector ,
Trade Agreements ,
UK ,
UK Brexit ,
Withdrawal Agreement
The UK has left the EU but there remains a vast array of operational and legal issues for businesses to address. See below for our perspectives on the key challenges and opportunities that Brexit presents for different...more
The UK's departure from the EU has created new uncertainties in EU-UK cross-border financial services. One such area is the regulatory landscape that EU and UK financial services firms will have to navigate when doing...more
With the EU-UK Trade and Cooperation Agreement of 24 December 2020 ("Agreement"), the UK and the EU have fundamentally changed market access for financial services firms. As of 1 January 2021, UK financial services firms...more
It is yet unclear if and when the House of Commons will again decide about the Withdrawal Agreement and whether the date for the UK leaving the EU will be changed. Under the current circumstances, a hard Brexit on 29 March...more
3/23/2019
/ Capital Requirements Regulation (CRR) ,
Corporate Taxes ,
CRD IV Directive ,
EU ,
EU-27 ,
European Commission ,
Financial Services Industry ,
Foreign Equivalency Determination ,
Foreign Tax ,
Germany ,
Grandfathering Rules ,
Income Tax Act ,
Insurance Industry ,
Investment Funds ,
Member State ,
MiFID II ,
MiFIR ,
No-Deal Brexit ,
Passporting ,
Proposed Legislation ,
PSD2 ,
Solvency II ,
Transitional Arrangements ,
UK ,
UK Brexit ,
Withdrawal Agreement
The House of Commons recently rejected the Withdrawal Agreement. While the UK Parliament is still debating how to leave the EU, a hard Brexit remains an option. To prepare for this possibility, the UK, EU Commission and EU27...more
2/11/2019
/ Article 50 Treaty of the EU ,
Banks ,
CRD IV Directive ,
Cross-Border Transactions ,
Equivalency Determinations ,
EU ,
EU Passport ,
European Commission ,
Financial Services Industry ,
Germany ,
Grandfathering Rules ,
Member State ,
MiFID II ,
MiFIR ,
No-Deal Brexit ,
Passporting ,
Proposed Amendments ,
Proposed Legislation ,
PSD2 ,
Reciprocity Rules ,
Solvency II ,
Subsidiaries ,
Transitional Arrangements ,
UK ,
UK Brexit ,
UK Parliament ,
Withdrawal Agreement