23 October 2017
Brexit Impact Assessment Tool
Clifford Chance has launched a Brexit impact assessment tool, which assists EEA banks with deposit-taking UK branches with their contingency planning for Brexit by identifying areas where there are likely to be significant differences between the UK regulatory requirements that currently apply to them in relation to their UK branches and those that may apply post-Brexit.
Key reasons for using the impact assessment tool:
- identify areas of ‘higher impact’ where there are likely to be significant additional UK regulatory requirements for EEA banks with UK branches post-Brexit;
- assist firms in deciding where to focus their Brexit planning efforts and resources; and
- help firms navigate through multiple rule sets which apply differently to EEA banks and third country banks with UK branches.
Download the brochure for further details.