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Brexit: Is the Clock Still Ticking for Asset Managers?

European Union, United Kingdom - March 16 2021 On 24 December 2020, Michael Barnier, the European Union’s chief negotiator said, “The clock is no longer ticking”. Four and a half years after the…

Gemma Edey, Joanna Treacy, Katherine McDermott.

Post-Brexit: Significant Changes to UK Cross-Border Payments Regulation

European Union, United Kingdom - March 1 2021 The EU Cross-Border Payments Regulation 924/2009 (as amended by Regulation 2019/518) (EU CBPR) has been “onshored” with significant changes into UK…

Judith E. Rinearson, Kai Zhang.

Significant Changes are Coming: UK Payments Regulation

United Kingdom - March 1 2021 The UK Financial Conduct Authority (FCA) commenced, on 28 January 2021, a consultation (CP21/3) on various changes to the UK regulation of payment…

Judith E. Rinearson, Kai Zhang.

UK Payments Regulation - Changes Are Coming

European Union, United Kingdom - February 17 2021 On 28 January 2021, the Financial Conduct Authority (FCA) published a consultation paper (CP21/3)1 proposing various changes to the UK regulation of…

Judith E. Rinearson, Kai Zhang.

New UK Requirements on Cross-Border Payments - "Onshoring" and Practical Issues

European Union, United Kingdom - January 20 2021 The Cross-Border Payments Regulation (EC) No 924/2009 (CBPR) is the EU legislation that sets out the principle of equality of charges for intra-EU…

Judith E. Rinearson, Kai Zhang.