The UK’s Post-Brexit Financial Services Regulatory Framework – Details Emerge

On June 23, 2020, HM Treasury announced the first concrete “details on the UK’s continued commitment to high regulatory standards for the financial services sector post-EU withdrawal”, in respect of prudential and markets regulation.

HM Treasury also announced its proposed legislative solution for tackling “tough legacy” LIBOR-based contracts.

Please click here to read the full alert memorandum.