See our latest Brexit news below.
Brexit will be affecting all UK based financial services firms looking to do work in the EU. The reverse is also true for EU based firms looking to do work in the UK from the 1st of January 2021. Complyport’s specialist financial services regulatory and compliance consultants have been watching how Brexit will affect the financial services industry very closely and are ready to help.
Our team can advise on how Brexit will be affecting Investment Advisers, Investment Funds (AIFs and UCITS), Alternative Investment Fund Managers, UCITS Management Companies, Payment Institutions (PI) and Electronic Money Institutions (EMI), Administrative Services Providers, Credit Institutions, Insurance and Mortgage Intermediaries, Wealth Managers, Retail investment Advisers, Discretionary Investment Managers, Banks and Insurance firms. Specifically relating to Insurance firms, Complyport can help provide advice to Lloyds of London brokerages and member firms as well.
With over 20 years of experience in governance, risk and compliance and with over 500 successful financial services authorisations with the FCA and other EU regulators, Complyport can assist financial services firms affected by Brexit with contingency licencing across multiple jurisdictions including:
- Financial Conduct Authority (“FCA”) in the UK,
- Central Bank of Ireland (“CBI”) in Ireland,
- Malta Financial Services Authority (“MFSA”) in Malta,
- Commission de Surveillance du Secteur Financier (“CSSF”) in Luxembourg,
- Cyprus Securities and Exchange Commission (“CySEC”) in Cyprus,
- Autorite des Marches Financiers (“AMF”) in France,
- Bundesanstalt für Finanzdienstleistungsaufsicht (“BaFin”) in Germany and more.
In addition to authorisation and licensing services, Complyport can support EU financial services firms affected by Brexit with regulatory umbrella services and being set up as an Authorised Representative (“AR”). Alongside all these services, we can advise firms on how Brexit will affect financial services firms in the UK and the EU and can assist firms with their Brexit risk assessments.
With offices and compliance consultants across Europe, Complyport is very well placed to see how Brexit will affect your financial services firm. Furthermore, our senior consultants sit on many Brexit panels to keep up to date on all the latest Brexit developments.
At Complyport, we are continuously up to date on all the latest government and FCA’s discussions as our staff sit on numerous Brexit working groups and committees. Our CEO, Paul Grainger, chairs the APCC’s EU Withdrawal (Brexit) Working Group and is regularly in the press and on media panels.
Contact us today on the form below or scroll down to read our latest Brexit news.