UK Withdrawal from the EU—the Changing Landscape for UK Firms

31 January 2020
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Key takeaways:
  • With the UK officially withdrawing from the EU on 31 January 2020, we consider the immediate regulatory consequences for UK-based private equity and venture capital firms, the application of the transition period provided for in the Withdrawal Agreement and the possible shape of the future relationship between the UK and the EU for financial services.
  • We also consider the possible future application of the “third country” regimes in those EU Directives that apply to UK private equity and venture capital managers.