This briefing paper provides an update on Brexit planning matters which are of relevance to asset managers. In this briefing paper we consider:
- various statutory instruments regarding EU Exit arrangements for MiFID firms, UCITS, AIFs, MMFs, ELTIFs, EuVECAs and EuSEFs which have so far been released by HM Treasury
- Consultation Papers issued by the FCA setting out how the FCA Handbook may develop with Brexit (CP 18/28 and CP 18/36) and details of the Temporary Permissions Regime (CP 18/29) and the EU's contingency plans
- We also take a look at the very brief text regarding financial services contained within the short document which has been published on the possible post Brexit framework.
Read the full briefing paper here.