Pre-2002 FLP publications are collected for reference here. FMLC publications—primarily reports and correspondence—go back to 2003. All are available to view or download as a PDF, with collected volumes on specific topics available here. The 10 most recent publications are listed below.
Use the search function to search for specific publications, or use the tag cloud to browse the most frequent tags. Please note that the practice of assigning an "issue number" to topics has been discontinued, although older publications continue to be tagged with their issue number.
Click here for a complete list of FMLC publications in reverse-chronological order.
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 retained law as are necessary to deal with any deficiencies …"onshoring" statutory instruments Bank Recovery and Resolution Brexit European Union (Withdrawal) Act 2018 HM Treasury Letter Report U.K. Withdrawal from the E.U.26 October 2018
On 24 July 2018, the U.K. Department for Business, Energy & Industrial Strategy published a White Paper setting out the proposal for a new national security and investment regime (the “Proposed Regime”) as a component of HM Government’s plan to …2018 2018 Proposal for a National Security and Investment Regime Department for Business Energy and Industrial Strategy16 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 international transfer of data for trade has resulted in a …04 October 2018
- Report: the European Commission’s Legislative Proposal to Amend Procedures for recognition of Third Country Central Counterparties under EMIR
A substantial volume of financial instruments denominated in the currencies of Members States are currently cleared by central counterparties (“CCPs”), established in, and regulated by, Third Country CCPs on the basis of their recognition by the European Securities and Markets …2018 Central Counterparties EMIR EMIR Review European Commission European Market Infrastructure Regulation Third countries Third Country CCP14 September 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 the performance of existing financial contracts would continue or whether …06 August 2018
The FMLC has sent a letter to the European Commission, drawing attention to the question of the status of Level 2 E.U. legislation in the event the relevant Level 1 act (the “Parent Act”) is repealed. As the Parent Act …2018 Brexit DG Justice European Union (Withdrawal) Act 2018 Letter Level 2 E.U. Legislation Retained Law31 July 2018
The FMLC has sent a letter to the Ministry of Justice, drawing attention to the question of the status of Level 2 E.U. legislation in the event the relevant Level 1 act (the “Parent Act”) is repealed. As the Parent …2018 Brexit Eral Knight European Union (Withdrawal) Act 2018 Letter Level 2 E.U. Legislation Ministry of Justice Retained Law U.K. Withdrawal from the E.U.31 July 2018
On 13 April 2018, the FMLC published a paper entitled Bank Recovery and Resolution Directive: Legal Uncertainties in the Proposal to Amend Moratorium Powers (the “FMLC Paper”). Stakeholders subsequently contacted the FMLC to draw attention to the latest proposal being …2018 Bail-In Bank Recovery and Resolution Bank Recovery and Resolution Directive Letter Moratorium powers31 July 2018
- Letter to European Commission: Proposed Regulation on the Law applicable to the “Third-party Effects” of the Assignment of Claims: 31 July 2018
The FMLC has sent a letter to the European Commission in relation to a new conflicts of laws proposal. On 12 March 2018, the European Commission published a proposed regulation (the “Regulation”) on the law applicable to the “third-party effects” …31 July 2018
- Letter to the Department for Exiting the European Union: Legal Uncertainties relating to Insurance Business: 12 July 2018
The FMLC has sent a letter detailing the issues of legal uncertainty which arise in relation to insurance business in the context of Brexit. The letter draws attention to the uncertainties in identifying whether and when an insurer is providing …2018 Brexit Department for Exiting the European Union establishment of an E.U. insurer in another member FCA Financial Conduct Authority Insurance Insurance Interpretive Communication 2000 Letter Ministry of Justice Part VII of the Companies Act 1989 Part VII Transfers U.K. Withdrawal from the E.U.12 July 2018