August 23, 2019
Mandatory notifications in a Brexit context
ALFI Newsflash: ‘As set out in Press Release 19/33, in the event of a hard Brexit, firms that are currently authorised in the UK will be considered as third country firms and will lose the benefit of their existing passporting rights in the EU. UK firms should already have taken the necessary steps to anticipate the consequences of a possible hard Brexit.
The CSSF has now announced that dedicated Brexit notification forms are available for all firms and investment funds through the CSSF eDesk portal.’