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Key Regulatory Topics: Weekly Update 23 Dec - 7 Jan 2020 | Allen & Overy LLP

Brexit Please see the other sections for product-specific updates relating to Brexit. Please see our Brexit financial services webpage which contains, amongst other things, tables detailing Brexit statutory instruments, equivalence decisions, EEA transitional regimes and UK regulators’ publications.  FCA and PRA on passporting in and out of Gibraltar after the transition period On 31 December, the FCA published a new webpage on Gibraltar passporting arrangements, with the PRA publishing its respective webpage on 4 January. The regulators explain that the transitional arrangements preserving passporting rights between the UK and Gibraltar after the end of the transition period have been extended until 31 December 2021 and can be further extended until such time as the permanent arrangements of the Gibraltar Authorisation Regime are in place. The webpages set out information for firms on how to apply, the application process and applicable timelines, as well as other specifics f

EACH Publishes Its New Paper Carrots And Sticks: How The Skin In The Game Incentivises CCPs To Perform Robust Risk Management

<p><span>The European Association of CCP Clearing Houses (EACH) published today an EACH paper entitled "Carrots and sticks: How the skin in the game incentivises CCPs to perform robust risk management". This document is part of series of papers produced in the context of the Online Workshop on CCP Risk Management that EACH organised jointly with the Journal for Financial Market Infrastructures (JFMI) on Tuesday 13</span><span>th</span><span>&nbsp;October 2020.</span></p>

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