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Brexit: an update for Asset Managers


United Kingdom

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.