Many of the issues considered in Capital Markets and Wholesale are cross border and impact a number of jurisdictions.

We closely monitor relevant developments outside of the UK, and consider how they will impact our members. For example, we are currently considering the potential impact of the EU’s proposals to change how they regulate third country providers of financial services under CRDVI. Other issues include the UK’s rules for incoming financial services business, including the UK Overseas Persons Exclusion and the UK’s “on-shored” EU third country regimes.

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