Financial Services Regulatory – temporary contractual continuity in the UK post Brexit
Kirsty Taylor (Senior PSL, Financial Services Regulatory practice) and Jack Prettejohn (Associate in the Financial Services Regulatory practice) consider the draft financial services contracts regime, or Contractual Continuity Regime, and outlines the basis upon which EEA firms that currently passport into the UK and which either do not enter the temporary permissions regime (TPR) or which exit the TPR without authorisation can continue to service existing contracts.
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