Brexit! It’ll effect any firms carrying out business between the UK and EEA. The FCA has set out considerations which should be relevant to any contingency planning.
Firms must consider possible implications surrounding capability to service EEA customers; outsourcing arrangements; payments and transfer of data to and from the EEA; and, engaging with overseas regulators.
The FCA’s updated its page covering considerations for UK firms after the Brexit transition period, it’s available here.
If your business needs assistance navigating Brexit, establishing an overseas regulated entity, or has questions regarding location of activities, feel free to get in touch.