Breaking down Brexit

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  • Danish FSA Announcement

    Submitted: 19 August 2019

    The Danish FSA have announced that the “lapse date” for any conditional temporary cross-border licences which have already been granted to UK firms, will be automatically extended to 31 December 2019. This means that so long as a Hard Brexit occurs before 31 December 2019 the licences will be valid for 12 months from the Hard Brexit date.

  • Irish Central Bank Reminds Funds to Update Documents

    Submitted: 12 August 2019

    The Central Bank of Ireland issued a letter to the funds industry on 17 November 2017, which highlighted the need for the boards of self-managed UCITS and AIFs and externally appointed UCITS management companies and alternative investment fund managers to ensure that funds under their remit were adequately prepared for the impact of Brexit, including the extent to which updates would be required to fund documentation.

  • Luxembourg CSSF press release

    Submitted: 15 July 2019

    CSSF publishes press release giving additional details on TPR provisions. Click here for full narrative.

  • Irish Government publishes Contingency Action Plan Update

    Submitted: 15 July 2019

    FCA announces a further extension when EEA UCITS and AIFs and EEA firms can notify it of a wish to enter the UK’s Temporary Permissions Regime (TPR) and update an existing notification.

  • UK TPR update

    Submitted: 29 May 2019

    FCA announces a further extension when EEA UCITS and AIFs and EEA firms can notify it of a wish to enter the UK’s Temporary Permissions Regime (TPR) and update an existing notification.

  • Government advice for companies importing, exporting or moving goods through the UK

    Submitted: 04 April 2019

    The Irish Government has issued new guidance which is addressed to Irish companies importing, exporting or moving goods through the UK.

  • Government advice for companies who may be storing personal data in the UK or in a UK based cloud service

    Submitted: 01 April 2019

    The Irish Government has issued further advice on Brexit preparedness.

  • FCA extends TPR notification window

    Submitted: 27 March 2019

    The deadline for notification for firms and funds who wish to enter into the TPR was 28 March 2019. The FCA has now extended this until end of 11 April 2019.

  • Guidance on Italian TPR Measures

    Submitted: 27 March 2019

    Consob have now published a guidance note, providing detail on the required notifications and requirements for firms under the Italian TPR.

  • EU slightly extends Brexit deadline

    Submitted: 22 March 2019

    Brussels has offered a delay to the Brexit date of 22 May.

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