Allen & Overy is an international legal practice and trusted counsel to the world’s leading companies, financial institutions and public sector organisations. In this series of podcasts, our lawyers share their perspectives on today’s most significant global legal, regulatory and commercial issues. Disclaimer: Podcasts are not legal advice. Laws may have changed since a podcast was recorded.
Victoria Ferres (Senior Associate in the Financial Services Regulatory practice) and Isabelle Westbury (Associate in the Financial Services Regulatory practice) consider the temporary permissions regime or TPR as it applies to FCA authorised firms.
Kirsty Taylor (Senior PSL, Financial Services Regulatory practice) and Jack Prettejohn (Associate in the Financial Services Regulatory practice) consider the draft financial services contracts regime, or Contractual Continuity Regime, and outlines the basis upon which EEA firms that currently passport into the UK and which either do not enter the temporary permissions regime (TPR) or which exit the TPR without authorisation can continue to service existing contracts.
Alex Forzani and Jamie Turner (both Associates in the Financial Services Regulatory practice) consider the temporary permissions regime or TPR as it applies to banks.
Nikki Johnstone (Senior Associate, Financial Services Regulatory practice) Martin Dowdall (Associate, Financial Services Regulatory practice) and Heenal Vasu (Senior PSL, Financial Services Regulatory practice) consider the temporary permissions regime or TPR as it applies to firms providing payment services and/or issuing electronic money.
In the event of the UK leaving the EU without a deal, what do issuers and other participants in the equity capital markets need to consider?
In this episode in our Brexit podcast series, equity capital markets counsel Michael Bloch and senior professional support lawyer Anne Kirkwood discuss the key points to note. We have also produced a short briefing note, which can be viewed here.
Like many areas of UK law and regulation, the UK’s financial services regulatory regime has been driven by reforms implemented at the European level, especially since the financial crisis. In this podcast, we look at how the UK Government is seeking to ensure that the UK’s financial services regime will function on a “hard” Brexit.
Lucy Aconley (Senior Associate in the Global Restructuring practice), Emma Danforth (Senior Associate in the Global Funds and Asset Management practice) and Oonagh Harrison (Senior PSL in the A&O Brexit team) consider the role of the EU (Withdrawal) Act 2018 in the UK Government’s no deal “hard” Brexit contingency planning and explore its core objectives.
This podcast looks at what would need to be done to ratify the article 50 withdrawal agreement and political declaration on the future UK/EU27 relationship. The podcast was recorded prior to the political endorsement on 25 November 2018, however, the overview of the steps required remains valid. This podcast is led by Paul Sampson (a Senior Associate in the global funds and asset management practice), Jennifer Cresswell (Counsel in our international debt capital markets practice) and Oonagh Harrison (Senior PSL in the A&O Brexit team).
Charlotte Haworth (Senior PSL in the Global Banking practice), Karen Birch (Counsel and Head of Know How in our Litigation practice) and Oonagh Harrison (senior PSL in the A&O Brexit team) explore the scope and impact of the new body of law being created under the EU (Withdrawal) Act 2018 which is referred to as ‘retained EU law’.
The UK Parliament has voted against the Brexit deal. Whilst a hard Brexit is not inevitable, it remains a possibility and understanding the implications of that for the mainstream debt capital markets is gaining urgency.
In this episode in our Brexit podcast series, International Capital Markets partner Amanda Thomas and Jennifer Cresswell, a counsel in the International Capital Markets practice, discuss ten points for action and issues for consideration to assist issuers and other participants in the mainstream debt capital markets in preparing for a hard Brexit.
