A New European Financial Services Landscape for a New Year? | Dechert LLP
To embed, copy and paste the code into your website or blog: Readers scanning the UK/EU trade deal on Christmas Eve will have looked in vain for a meaningful section on financial services. Instead, the UK asset management industry has been presented with something that looks very much like a hard Brexit, albeit with the promise of more work to come. This OnPoint summarises the current legislative state of play and the outlook for UK and EU firms and clients continuing to do business with each other. Britain’s Prime Minister, Boris Johnson, secured victory in the December 2019 general electi...