Brexit News
UK and Australia agree post-Brexit regulatory co-operation
MoUs follow agreements with US and EU regulators as leaders prepare to discuss Article 50 extension
Moody’s: No-deal Brexit ‘manageable’ for EU asset managers
Asset managers’ and regulators’ preparations would minimise impact
FCA finalises ‘no-deal’ rules as parliament rejects Brexit agreement again
UK regulator publishes final rulebook for EU exit transition and reaffirms information-sharing agreement with SEC
Zurich scheme cites Brexit as it reports ‘disappointing’ performance
CHF16.6bn fund loses 3.3% in 2018, roughly in line with market average
A Brexit checklist for UK pension funds
Hogan Lovells’ Faye Jarvis explores what the UK’s departure from the EU could mean for pension fund trustees
Asset managers urged to implement ‘no-deal’ Brexit plans
Prime minister Theresa May loses vote on withdrawal agreement; ‘No deal’ to be debated today
UK companies to keep EU accounting standards post-Brexit
Government proposes powers to adopt EU-led standards beyond the UK’s exit from the bloc
Fund managers expected to escape no-deal Brexit nightmare
Also: FCA publishes ‘near-final’ rules and guidance for transition to a post-Brexit world
Brexit: Nordic pension funds reveal their approaches to UK assets
SPK, Veritas and Apteekkien Eläkekassa explain their approaches to political risk in the EU
UK and US agree post-Brexit derivatives clearing pact
Senior figures on both sides of the Atlantic have agreed to extend existing oversight powers to cover the UK when it quits the EU next month
Netherlands offers UK providers temporary reprieve from no deal Brexit
Exemption from third-country limits likely to be extended until 1 January 2021
UK and EU regulators agree on contingencies for ‘no deal’ Brexit
ESMA says agreements will allow UK-based asset managers to continue to run money for EU entities
Brexit: Derivatives trade exodus ‘to start with currency contracts’
Asset manager expects derivatives trade through London only to remain unchanged if Brexit is cancelled
UK’s share of EU pension liabilities is €9.8bn, government says
Bill will be based on staff data as of 31 December 2020, according to the withdrawal agreement
Brexit roundup: MPs to explore UK financial services’ post-EU future
Plus: Luxembourg regulator issues fund manager delegation and passporting reminders
Brexit: Fund managers predict Article 50 extension
Extension to negotiations is likely but many difficulties remain for all options, investors warn
Frustration as UK parliament rejects Brexit deal
‘Time is almost up,’ warns European Commission president as withdrawal agreement is overwhelmingly rejected
EU sets out derivatives rules for no-deal Brexit
‘Temporary and conditional equivalence decision’ would allow counterparties in the UK to keep operating for another 12 months
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
