Post-Brexit Financial Services Bill gets Royal Assent

 

The Financial Services Bill, which will help shape UK financial services regulation in the coming decades following Brexit, received Royal Assent yesterday (29 April).

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M&G property fund to reopen

The M&G Property Portfolio Fund and its feeder fund are to resume dealing next month on 10 May after being suspended for nearly 18 months.

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International firms must have UK base - FCA

The Financial Conduct Authority has confirmed that international financial firms seeking authorisation must have an active place of business in the UK to operate in the UK market post-Brexit.

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Financial services firms resort to no-deal scenarios – Capco

The Brexit agreement has left UK financial services firms effectively operating under a 'no-deal, hard-Brexit' scenario with continued uncertainty, consultancy firm Capco has warned.

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