Schroders says it is well prepared for post-Brexit future
Schroders has obtained additional investment management permissions in Luxembourg so that it can continue to offer the full range of its services to EU clients.
Schroders has obtained additional investment management permissions in Luxembourg so that it can continue to offer the full range of its services to EU clients.
Due to Brexit, Revolut Trading Limited (RTL) will no longer be able to passport its services across the EEA from January 1, 2021.
The FCA has confirmed its approach to the STO at the end of the Brexit transition period, if mutual equivalence is not agreed.
Interactive Brokers has sought to address Brexit-related risks by applying for additional licenses in Europe.
The FCA expects a firm seeking authorisation to have an active place of business in the UK to effectively supervise its UK activities.
A number of Retail FX brokers which hold one of the two licenses are currently scrambling to acquire the other before the transition period ends.