Regulatory Alerts2019-01-11
Added · Updated
Circular – Brexit: UK FCA Temporary Permissions Regime
Maltese Licensed Entities currently passporting into the UK must apply to the UK Financial Conduct Authority under the Temporary Permissions Regime to continue their regulated business after the UK leaves the EU. The notification window for these applications expires on 28 March 2019, and the procedure is free of charge. Fund managers that fail to submit a notification for a specific fund will be unable to market that fund in the UK on the same basis as before exit day.
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