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United Kingdom Financial Institutions Cross-Border

American Conference Institute (ACI)

[Event] European Forum on Global Economic Sanctions - June 5th - 6th, Berlin, Germany

Hosted by the C5 Group Inc., the 2024 European Forum on Global Economic Sanctions will explore the evolution of the global economic sanctions landscape, analyzing everything from the shifting geopolitics around the globe, to...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Standard Formula: A Guide to Solvency II – Chapter 3: Cross-Border Services and Overseas Branches

(Re)insurance is a global business. It is common for (re)insurance groups to operate in a range of jurisdictions via: i. locally incorporated and authorised subsidiaries, ii. local branches of third country...more

Skadden, Arps, Slate, Meagher & Flom LLP

EU and UK Move Forward With Comprehensive Regulatory Regimes for Cryptoassets

The European Union and U.K. are establishing comprehensive regimes for the regulation of cryptoassets. The Markets in Crypto-Assets Regulation (MiCA) was published in the Official Journal of the European Union on June 9,...more

Skadden, Arps, Slate, Meagher & Flom LLP

Reaching a Consensus on (Re)insurance

Financial services, including insurance and reinsurance (together, (re)insurance), have effectively been omitted from the Trade and Cooperation Agreement (TCA), resulting in arguably the “hardest” Brexit for any key UK...more

White & Case LLP

Implications of the EU-UK Trade and Cooperation Agreement for Financial Services

White & Case LLP on

With the EU-UK Trade and Cooperation Agreement of 24 December 2020 ("Agreement"), the UK and the EU have fundamentally changed market access for financial services firms. As of 1 January 2021, UK financial services firms...more

Sullivan & Worcester

"Trade" and "Cooperation" – Buzzwords for life beyond Brexit

Sullivan & Worcester on

In a flurry of last-minute negotiations, the EU and the UK agreed on the form of the Trade and Cooperation Agreement between the EU, European Atomic Energy Community and the UK on 24 December 2020 ("TCA") to bring about the...more

A&O Shearman

US Federal Reserve Board Vice Chairman for Supervision Randal Quarles Discusses Cross-Border Resolution

A&O Shearman on

U.S. Board of Governors of the Federal Reserve System Vice Chairman for Supervision Randal Quarles discussed the importance of finding the correct balance in cross-border resolution. He noted that while both...more

A&O Shearman

UK Regulators Confirm Approach to Authorization and Supervision of International Banks, Investment Firms, Insurers and CCPs...

A&O Shearman on

The Bank of England, the Prudential Regulation Authority and the Financial Conduct Authority have published consultations and planning considerations affecting international banks, investment firms, insurers and CCPs...more

Hogan Lovells

Does CETA provide a workable model for market access in the financial services industry?

Hogan Lovells on

Does CETA provide a workable model for market access in the financial services industry? At the risk of spoiling the plot: no, not really. What does the industry mean when it says it wants market access?...more

Hogan Lovells

EU’s Third Country Regimes and Alternatives to Passporting

Hogan Lovells on

Hogan Lovells has collaborated with TheCityUK and The City of London Corporation's co-sponsored International Regulatory Strategy Group (IRSG), to launch a new report looking at the options for Financial Institutions in the...more

Locke Lord LLP

Brexit: What You Need To Know - Financial Services

Locke Lord LLP on

The loss of the ability to undertake business on a passport basis could be one of the most significant impacts on the financial services industry in the UK. The UK’s current EU membership allows a range of authorised...more

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