UK Firms Granted Extra 15 Months for Brexit Onshoring Preparations

The FCA, Bank of England, and PRA have published updated rules for firms post-Brexit and intend to delay many (but not all) onshoring changes. Key Points: ..The FCA has published an updated version of the FCA Handbook, together with a related guide, which contains the rules that will apply at the end of the transition period. ..The FCA, Bank of England, and PRA intend to apply the Temporary Transitional Power on a broad basis after the end of the transition period for 15 months, until 31...
By: Latham & Watkins LLP

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