PRA regulation of UK Financial Holding Companies
By EsqSocial Corporation 24/03/21
28 June 2021 is the deadline for UK Financial Holding Companies ("FHC") and Mixed Financial Holding Companies ("MFHC") to submit their application for approval or exemption under the UK's implementation of the Capital Requirements Directive V ("CRD V"). Member States were required to have implemented CRD V into national law by 28 December 2020. As this deadline expired before the end of the UK's 12-month Brexit transition period, the UK has implemented CRD V via the Financial Holding Companies...
By: White & Case LLP