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MiFID: ESMA reminds firms of Brexit disclosure obligations

The statement reminds firms of their legal obligation to provide clients with information on the implications of Brexit on existing and new contracts and the impact of Brexit-related measures that a firm has taken or planned

Insight

Brexit: banking, payments and consumer finance products should prepare for the worst and hope for the best

HM Treasury has been finalising various statutory instruments to ensure there is a workable legal framework for retail banking services in case of a "hard Brexit". Here, we look at the key changes for retail banking, payment services and consumer lending

Insight

UK Government aims for data protection continuity despite no-deal Brexit prospect

The Department for Digital, Culture, Media & Sport has issued guidance, confirming how UK data protection law will work in the event the UK leaves the EU without a deal

Insight

Ten initial conclusions on data protection and the Draft EU-UK Withdrawal Agreement

The draft text of the EU-UK withdrawal agreement was published last month, providing some of the first concrete indicators of the possible direction of travel in the area of data protection. Here, we offer our initial conclusions

Latest News

UK publishes electronic money, payment services and payment systems Brexit regs

The UK has released the Electronic Money, Payment Services and Payment Systems (Amendment and Transitional Provisions) (EU Exit) Regulations 2018

Latest News

La France se prépare à un « no-deal Brexit » éventuel

Le Royaume Uni et l'Union Européenne se sont entendus sur un projet d'accord de retrait, qui dot être revu et voté par la majorité de la Chambre des communes. En cas d'échec des négociations, la France prépare néanmoins un cadre juridique pour faire face à un éventuel « no-deal Brexit »

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UK publishes draft regulation to ensure MiFID II and MiFIR regime works after Brexit

A new draft version of the Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018 has been published on legislation.gov.uk

Insight

Will the UK meet the EU adequacy test?

Upon Brexit, the UK will become a so-called ‘third country’, which is a concern as transfers of personal data from the EU to third countries are severely restricted. The UK Government wants to ensure that the UK is regarded as an adequate jurisdiction, which would allow unconstrained transfers of personal data from the EU. But will it be?

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