Operating in the UK Post-Brexit - A Guide for EEA Firms
The Brexit transition period ended 1 January 2021, resulting in excess of 1,500 global firms needing to adapt their business models and regulatory registration arrangements to continue operating within the UK – regardless of the outcome of final Brexit negotiations.
There are a range of short, and long-term options available to firms, from the various temporary permissions or financial services contract regimes through to full FCA authorisation . Many firms are still unsure as to the right solution for their immediate needs, and even less certain for medium to longer term strategic and tactical planning.
Bobby Johal and Andy Welch, Managing Directors at ACA Compliance Group, recently hosted a webcast discussing the UK transitional regimes, the FCA’s expectations of international firms operating in the UK and the FCA authorisation process. Topics include:
- The UK Transitional Provisions Regime – what it means and the next steps;
- Being authorised in the UK – the regulatory environment; and
- The application process.
How we help
We have a wide range of Brexit solutions designed to help global firms find solutions to overcome their Brexit challenges and continue to access the UK markets. These include:
- FCA authorization project management
- EEA to third party country branch
- ACA Mirabella tied agent MiFID-passporting solution
- Ongoing compliance support, including MIFID II reviews and SM&CR support and implementation