The risk of a no-deal Brexit is growing as we move closer to 29 March 2019 in the absence of a UK-EU Withdrawal Agreement. The UK Government and regulators have been preparing by publishing draft legislation and rules to cater for this contingency. This includes legislation that converts EU law into UK law on Exit Day, a Temporary Permissions Regime for EU financial institutions and funds, and legislation providing for contractual continuity in respect of pre-existing contracts.  A number of EU Member States are now bringing forward their own no-deal legislation.

We will explore the implications for financial institutions who wish to access or to continue access UK financial markets post-Brexit, whether they are based in Europe, the Americas, Asia-Pacific or elsewhere. Additionally, we will consider the impact of Brexit on trading documentation (such as the ISDA Master Agreement).

Join us on Thursday, 28 February when our financial services experts will discuss what financial services businesses should expect on a no-deal and what steps they should take to mitigate any cliff-face effect as the UK leaves the EU and becomes a third country. There will be an opportunity to ask questions.

Please join us on Thursday, 28 February, 2019 at:

  • 9 am GMT (Europe/Asia-Pacific)
  • 5 pm GMT (Americas/Europe)

Register for the webinar here. Webinar access instructions will be circulated to all registered participants in advance of the event. You can also add this event to your calendar as a reminder.

Duration approximately 1 hour.

Author

Mark Simpson is a partner in the Financial Services & Regulatory Group in the London office where he practices in the areas of financial regulation, financial crime, and regulatory investigations. He is a member of the Firm's EMEA Financial Services & Insurance Steering Committee, as well as its Global Funds and FinTech Groups.

Author

Matthew Dening is a member of the Firm’s Banking group. He focuses his practice primarily on cross-border structured finance transactions involving derivatives, repos and securities lending, as well as on the regulation of financial products under the European Market Infrastructure Regulation (EMIR), MiFID II and the Securities Financing Transactions Regulation (SFTR).