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ARTICLE · 26 SEPTEMBER 2019

Contingency Planning For A Hard Brexit

Dillon Eustace
Dillon Eustace
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Dillon Eustace

Dillon Eustace

Dillon Eustace is one of Ireland’s leading law firms focusing on asset management and investment...

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As outlined in a recent briefing, key measures have been taken by the EU, the Central Bank of Ireland and the FCA in the UK to provide as much stability as possible in the event of a hard Brexit on 31 October next.

IrelandFinance and Banking
Cillian Bredin
Cillian Bredin
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Background

As outlined in a recent briefing, key measures have been taken by the EU, the Central Bank of Ireland and the FCA in the UK to provide as much stability as possible in the event of a hard Brexit on 31 October next.

Notwithstanding these measures, the possibility of a hard Brexit continues to bring significant uncertainty for many funds and fund management companies.

What follows is an overview of some of the matters which will need to be actioned in the lead up to 31 October in order to minimise the impact of a hard Brexit on the funds and their investors, should it materialise. Boards of funds and fund management companies ("Boards") are advised to ensure that Brexit remains an agenda item for all upcoming board meetings.

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