The outlook for 2023 looks uncertain, following another tumultuous year. The collapse of a number of large cryptocurrency exchanges has shone another spotlight on the digital asset market. The financial system’s resilience...more
Irrespective of whether the UK leaves the EU with a withdrawal agreement, interest grows in the future of regulatory policy, the inter-connectivity of international financial services, and how firms from other countries will...more
With Parliament prorogued and the Government suggesting it may ignore legislation obliging it to request a further Brexit extension from Brussels, it remains a possibility that the UK may leave the EU on 31 October 2019...more
9/17/2019
/ Cross-Border Transactions ,
Data Protection ,
EU ,
Financial Services Industry ,
FinTech ,
General Data Protection Regulation (GDPR) ,
Member State ,
No-Deal Brexit ,
Passporting ,
Temporary Permissions Regime (TPR) ,
UK ,
UK Brexit
Whether or not you call that a Free Trade Agreement is academic.
Theresa May said in Florence that we could do so much better than a Canada-style (FTA).
She gave two reasons: we should be more ambitious than that; and...more
In a speech that was ostensibly on the progress of the Capital Markets Union, Steven Maijoor, the Chair of the European Securities and Markets Authority ("ESMA") announced, that ESMA is planning possible measures to avoid a...more
4/19/2017
/ Article 50 Treaty of the EU ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Institutions ,
Financial Markets ,
Member State ,
Referendums ,
Regulatory Oversight ,
Relocation ,
UK ,
UK Brexit
The main focus of the commentary so far has been on the references to security (in the Article 50 notice) and the references to Gibraltar (in the EU response).
What though does this mean for the Financial Services...more
Does CETA provide a workable model for market access in the financial services industry? At the risk of spoiling the plot: no, not really. What does the industry mean when it says it wants market access?...more
4/3/2017
/ Article 50 Treaty of the EU ,
Canada ,
CETA ,
Cross-Border ,
EU ,
European Economic Area (EEA) ,
Financial Institutions ,
Financial Services Industry ,
Most-Favored Nations ,
Passporting ,
Trade Agreements ,
UK ,
UK Brexit
Hogan Lovells has collaborated with TheCityUK and The City of London Corporation's co-sponsored International Regulatory Strategy Group (IRSG), to launch a new report looking at the options for Financial Institutions in the...more