comparemela.com

Latest Breaking News On - பார்க்க தி ஐரோப்பிய தரகு - Page 1 : comparemela.com

Green Finance: Regulatory Regime and Key Trends in the EMEA Region | Morgan Lewis

UK-EU Free Trade Agreement: Rights for Asset Managers

Tuesday, March 16, 2021 INTRODUCTION On 24 December 2020, Michael Barnier, the European Union’s chief negotiator said, “The clock is no longer ticking”. Four and a half years after the Brexit referendum, the United Kingdom and the European Union had finally concluded a free trade and cooperation agreement (TCA) that provisionally 1 became applicable on 1 January 2021. From that date, UK asset managers and other financial services firms lost their passporting rights. These rights had broadly allowed UK-licensed firms to provide their services into the EU from the UK, and EU-licensed firms to provide their services into the UK from the EU. But what has taken their place?

Brexit: Is the Clock Still Ticking for Asset Managers? | K&L Gates LLP

Introduction On 24 December 2020, Michael Barnier, the European Union’s chief negotiator said, “The clock is no longer ticking”. Four and a half years after the Brexit referendum, the United Kingdom and the European Union had finally concluded a free trade and cooperation agreement (TCA) that provisionally 1 became applicable on 1 January 2021. From that date, UK asset managers and other financial services firms lost their passporting rights. These rights had broadly allowed UK-licensed firms to provide their services into the EU from the UK, and EU-licensed firms to provide their services into the UK from the EU. But what has taken their place?

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.