The U.K.’s withdrawal from the E.U. raises various issues of legal uncertainty relating to the E.U. Emissions Trading Scheme (the “E.U. ETS”) and the European emissions allowances (“EAUs”), whether the […]
Tag: Brexit
“Onshoring” Statutory Instruments Comment Series: Financial Services and Markets Act 2000: 25 January 2019
The draft Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019 onshores the Financial Services and Markets Act 2000. In particular, it amends those provisions of FSMA which […]
“Onshoring” Statutory Instruments Comment Series: Insolvency Regulation: 24 January 2019
The draft Insolvency (Amendment) (EU Exit) Regulations 2018 (the “draft Insolvency SI”), published under the European Union (Withdrawal) Act 2018, repeals parts of the retained Regulation (EU) 2015/848 on insolvency […]
Letter to HM Treasury: Financial Services (Implementation of Legislation) Bill: 3 January 2019
The Financial Services (Implementation of Legislation) Bill provides the power to HM Treasury, in the event no deal is agreed between the U.K. and the E.U., to implement and make […]
“Onshoring” Statutory Instruments Comment Series: Investment Funds and their Managers: 29 November 2018
Under the European Union (Withdrawal) Act 2018—which aims, inter alia, to incorporate into U.K. law all applicable E.U. legislation and to give powers to Ministers to make such amendments to […]
“Onshoring” Statutory Instruments Comment Series: Bank Recovery and Resolution: 26 October 2018
Under the European Union (Withdrawal) Act 2018—which aims, inter alia, to incorporate into U.K. law all applicable E.U. legislation and to give powers to Ministers to make such amendments to […]
Report: Data Protection: Issues of Legal Uncertainty Arising from the 2018 Act: 4 October 2018
The rapid and substantial developments in technology and in the way organisations collect, store and use data relating to an identifiable individual, as well as the importance of continuing the […]
Winter Colloquium – 18 January 2018
The FMLC held a Winter Colloquium on the topic of the continuity of financial contracts post-Brexit at the Bank of England. Four speakers articulated a range of views of the topic. […]
Coordinating Responses across the City to Brexit Statutory Instruments
HM Treasury has announced it will publish a significant volume of secondary legislation under the European Union (Withdrawal) Act 2018 in relation to the financial services. As the end of […]
Report: The Robustness of Financial Contracts after Brexit: 6 August 2018
Since the U.K. voted to withdraw from the E.U., a question which has been raised by many market participants and observers, in the context of a hard Brexit, is whether […]