U.K. – Brexit Advice for EEA Firms

U.K. – Brexit Advice for EEA Firms

On 1 December 2020, UK FCA reminded firms to be ready for end of the transition period.

  • UK FCA using temporary transitional power, giving firms more time to comply with many changes, but also key requirements they must comply with by 1 January 2021.
  • Passporting ends on 31 December 2020, so firms providing services currently covered by a passport must ensure they will be able to do so after end of the transition period.
  • UK FCA Handbook has also been updated with changes to regulatory requirements.