Brexit News
Cardano: Brexit deal failure ‘could see deficits soar by a third’
DB schemes’ collective shortfall could increase dramatically if withdrawal agreement fails, and improve if it passes
Asset management roundup: Impax joins the move to Dublin
Also: Kempen to close Edinburgh office, relocate small cap funds
UK set to lose its voice on European financial rules, FCA warns
Withdrawal agreement bars UK regulator from formal input into future EU financial rules
Regulator warns on liquidity if Brexit deal fails
The UK’s Financial Conduct Authority says liquidity shortfalls could push up costs and make it harder to execute large transactions
ESMA moves on UK clearing house recognition in case of cliff-edge Brexit
EU watchdog working with Commission and UK clearing houses on temporary recognition
Brexit: Lobby groups call for action to prepare for ‘no deal’ outcome
Financial services groups welcomed last week’s deal but recognise difficulties ahead
UK appoints new work and pensions secretary amid reshuffle
Amber Rudd appointed as the third head of the DWP this year and fourth under Theresa May’s leadership
Chart of the Week: Sterling struggles as Brexit deal teeters on the brink
The UK currency has fallen versus the dollar and the euro in the immediate aftermath of a draft agreement emerging
Brexit: Investors respond as draft agreement emerges
Asset managers and asset owners call for negotiators to protect interests of savers and investors
EU regulator proposes derivatives fix in case Brexit talks fail
ESMA floats temporary solution for transferring uncleared derivatives contracts to EU counterparties
Netherlands will be a centre for financial infrastructure, regulator claims
AFM expects at least 30% of European trade in financial instruments to relocate to the Netherlands
Swedish watchdog urges preparation for ‘hard’ Brexit
Regulator warns of “inconvenience and extra costs” for Swedish banks
Dutch watchdog urges pension funds to prepare for hard Brexit
AFM warns that asset managers and service providers seeking EU permissions may not get them on time
Joseph Mariathasan: Big decisions over China for Europe and the UK
Picking a side in the trade war ‘should be an easy decision’, Ashmore’s Jan Dehn tells Joseph Mariathasan
EU watchdog spearheads preparations for ‘no deal’ Brexit
ESMA, EU27 regulators should have memoranda of understanding with FCA, says Steven Maijoor
PensionsEurope’s chair on Brexit, retirement age and Dutch reform
Janwillem Bouma in conversation with IPE’s sister publication Pensioen Pro
Some UK products will not be allowed in EU post-Brexit: Verhofstadt
European Parliament’s Brexit coordinator urges remaining member states to support Capital Markets Union
First State to transfer up to £4.3bn to Ireland as part of Brexit prep
Asset manager has proposed to move money from 18 UK-based strategies to their EU equivalents
Brexit analysis from IPE Magazine
Brexit is no simple break
The implications of the UK’s EU departure will be complex and wide ranging for asset managers
Letter From Brussels: Brexit focus moves to pensions
As the risk of a no-deal Brexit comes into focus, attention is turning to ways to mitigate the damage across financial services, including asset management and pensions
Brexit and sponsors: The great unknown
Trustees need to think about market volatility and employer covenants in light of Brexit
Letter from Brussels: EU seeks to avert Brexit arbitrage
Strong words on Brexit are flying in political circles. But behind the theatre, concerns about the future of London’s fund management sector are emerging
Letter from Brussels: Brexit and equivalence
Nothing could be clearer. For the financial sector, at least, there is nothing to fear from Brexit. All the UK has to do is to apply to the EU’s rules – the crucial term ‘equivalence’
UK firms vulnerable to slowdown
Joseph Mariathasan finds that the UK economy has fared quite well since the Brexit vote, but smaller companies are vulnerable to any potential domestic slowdown
Outlook 2017: Breaking up is hard
The UK referendum result raises the possibility of other countries leaving the European Union. Christoph Schon and William Morokoff examine the impact of such a scenario
Risk parity post-Brexit
Despite the increase in risk in many asset classes from a year ago, risk parity funds have weathered this summer’s volatile markets
Guest Viewpoint: Peter Kraneveld - International Pensions Adviser
Pension funds are not about politics, but their investment portfolios include political risk
