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Onshoring European Union Financial Institutions

Latham & Watkins LLP

HM Treasury Consults on Post-EU Financial Services Regulatory Framework

Latham & Watkins LLP on

The UK government signals a diversion from the onshored regime towards a more flexible financial services regulatory framework. HM Treasury has published a consultation paper marking the start of Phase II of its financial...more

A&O Shearman

HM Treasury Publishes Equivalence Determinations for EU Financial Services Legislation

A&O Shearman on

HM Treasury has published the Equivalence Determinations for Financial Services and Miscellaneous Provisions (Amendment etc) (EU Exit) Regulations 2019, providing U.K. government ministers with a temporary power to make...more

A&O Shearman

UK to Adopt EU Equivalence Decisions for Exchanges and Bank Exposures in No Deal Brexit

A&O Shearman on

HM Treasury has laid before Parliament a draft of the Equivalence Determinations for Financial Services and Miscellaneous Provisions (Amendment etc) (EU Exit) Regulations 2019. The draft Regulations grant HM Treasury...more

A&O Shearman

UK Legislation Made for Onshoring the EU SEPA Regulation

A&O Shearman on

The Credit Transfers and Direct Debits in Euro (Amendment) (EU Exit) Regulations 2018 were made on November 19, 2018 and will enter into force on the day the U.K. exits the EU. The Regulations are relevant for all Payment...more

A&O Shearman

Draft UK Post-Brexit Legislation Published to Onshore the EU Central Securities Depositories Regulation

A&O Shearman on

HM Treasury has published a draft of the Central Securities Depositories (Amendment) (EU Exit) Regulations 2018, along with explanatory information. The draft Regulations...more

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