Insights & Publications
Diversity & Inclusion
© 2020 Debevoise & Plimpton LLP
Back to Top
LSE and ESMA Issue Guidance on the Potential Impact of a “No-Deal Brexit”
27 March 2019
View Debevoise Update
The LSE and ESMA have issued guidance to dual-listed companies, investment firms and other market participants on the potential impact of a “no deal” Brexit.
If the UK leaves the EU with no deal and the EU does not grant the UK equivalence status, investment firms would be required to trade UK-listed shares that are liquid in the EU on EU trading venues.
Issuers seeking to list on both the LSE and an EEA regulated market after a “no deal” Brexit would be required to obtain approval of the prospectus from the FCA, as well as an EEA competent authority.
James C. Scoville
UK Modern Slavery Act Transparency Statement
Debevoise Login (2)
Debevoise Women's Review