Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 04 FEBRUARY 2020

Brexit Asset Management Update - January 31, 2020

Herbert Smith Freehills Kramer LLP
Explore more from Herbert Smith Freehills Kramer LLP

The post below summarises the latest Brexit developments related to asset management.

United KingdomGovernment, Public Sector
Nigel Farr
Nigel Farr
Tim West
Tim West
Nish Dissanayake
Nish Dissanayake
Stephen Newby
Stephen Newby

The post below summarises the latest Brexit developments related to asset management.

DExEU letter on UK-EU equivalence in financial services

The Department for Exiting the European Union (DExEu) has published a letter dated 27 January 2020 from John Glen, Economic Secretary to HM Treasury, to Lord Kinnoull, Chair of the House of Lords European Union Committee, on UK-EU equivalence in the area of financial services. In his letter, Mr Glen reaffirms the UK and EU's commitment to start assessing equivalence with respect to each other under existing frameworks as soon as possible and to endeavour to conclude these assessments before the end of June 2020. He also confirmed that the UK government has already engaged in discussions with a number of jurisdictions to ensure that there is regulatory continuity of financial services market access arrangements after EU exit.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

See more popular content from

Article

Sanctions: Fortnightly Summary

The UK government has significantly expanded its sanctions framework targeting Russia, introducing measures against individuals and entities involved in military supply chains, energy sectors, cryptocurrency networks, and alleged human rights violations. These developments reflect an evolving enforcement landscape with new powers, increased scrutiny of sanctions evasion, and landmark legal clarifications affecting businesses operating in sanctioned jurisdictions.
European UnionGovernment, Public Sector
BCL Solicitors LLP
BCL Solicitors LLP
Article

Budget Tracker (2026)

The Chancellor of the Exchequer faces the formidable challenge of delivering his first Budget amid economic headwinds, geopolitical instability, and a wave of ambitious government promises. With GDP growth forecast at just 1.1%, inflation at 3.4%, and public sector net borrowing exceeding £115 billion, can he balance fiscal responsibility with pledges to avoid raising Income Tax, National Insurance, or VAT while funding increased defence spending and social care reforms?
United KingdomGovernment, Public Sector
Travers Smith LLP
Travers Smith LLP
Article

Investing In Infrastructure: When Public Policy Meets Private Capital

Governments across the UK and Europe have announced ambitious infrastructure programmes they cannot fund alone, creating significant opportunities for private capital. As public authorities shift from subsidy-based models to regulatory reform, investors must navigate an increasingly complex web of concurrent regulatory regimes - from merger control and national security screening to data protection and PFI handback obligations - to successfully deploy capital in this evolving landscape.
European UnionGovernment, Public Sector
Macfarlanes LLP
Macfarlanes LLP
Article

Foreign Direct Investment (FDI) And National Security Screening

Angela Gregson of Weightmans and Sean Ryan of Whitney Moore compare Ireland's new foreign direct investment screening regime with the UK's established National Security and Investment Act, examining when notification is required, key procedural differences, and practical steps to navigate both frameworks. The analysis draws on recent annual reports to reveal how these regimes are operating in practice and what reforms are on the horizon.
United KingdomGovernment, Public Sector
Weightmans LLP
Weightmans LLP