Read time: 3 minutes 3o seconds
Although the United Kingdom (UK) left the European Union (EU) at 11pm on 31 January 2020, the terms of the Withdrawal Agreement between the UK and the EU provide for a transition period until 31 December 2020 (Exit Day). During the transition period, the European Securitisation Regulation (ESR)
Read time: 1 minute 20 seconds
Earlier this month the Bank of England’s Prudential Regulation Authority (the ‘PRA’) wrote to all UK companies undertaking cross-border activities between the UK and the EU under passporting arrangements, requesting a summary of their Brexit contingency plans.
The letter continues the regulator’s focus on ensuring firms have robust measures and business strategies in place to respond to market turbulence.
Continue Reading BREXIT- Hand-over your contingency plans…