Financial services 40 minute briefings

Brexit: the final countdown?

Event Details


London | October 02, 2019

In these rapidly changing times it is difficult to know whether the UK is on course for a no deal Brexit on October 31, 2019. The impasse between the UK and the EU as regards the reopening of the Withdrawal Agreement suggests that it is increasingly possible but the arithmetic in Westminster seems to have remained constant with the majority of MPs still opposing a no-deal Brexit.

In view of this it is likely that we will not know what will happen on October 31, until the very last moment. With this in mind firms will be putting the final touches to their no deal preparations in the coming months.

In this webinar we discuss what we are seeing in the market as firms make their final preparations for a no deal Brexit, picking out a number of key legal issues that we have come across. We also remind ourselves of how the PRA and FCA are using the temporary transitional relief powers and how they impact the requirements for firms in the temporary permissions regime (TPR). Finally, we ask the question of what legal and compliance teams should be doing the morning after a no deal Brexit and offer our thoughts on the latest announcements concerning equivalence.

  • No deal preparations – what we are seeing in the market
  • Temporary transitional relief – what’s in and what’s out and how does it impact firms in the TPR?
  • What should legal and compliance teams do on the first morning after a no deal exit?
  • Our latest thinking on equivalence and the future EU/UK relationship

Who should register?

The webinar is likely to be of particular value to senior and middle management within financial institutions with responsibility for compliance, capital markets, investment management, legal, risk and trading.


CPD points will be available if required.