Sep 23, 2021 Brexit carries on: the EU and UK are reforming their securitisation regulations separately By Eric Phillips The truism “Brexit is a process rather than an event” holds good for securitisers. More than five years ago, the referendum made huge...
Feb 18, 2021 Brexit has happened, so what's next for securitisations? By Eric Phillips The UK left the EU single market at 11:00 pm (London time) on 31 December 2020. The Trade and Cooperation Agreement between the UK and...
Feb 05, 2021 Brexit has happened - so what's next for debt capital markets? By Eric Phillips One month ago, at 11:00 pm on New Year’s Eve, the Brexit implementation ended and the UK left the EU single market. The Trade and...
Nov 02, 2020 Timed out? On-shoring the EU’s COVID capital markets quick fixes By Eric Phillips Irrespective of COVID, the Brexit clock continues to tick down to 31 December 2020, the day the implementation period ends. On IP...
Aug 26, 2020 Holding back the tide? UK MAR and EU MAR to remain aligned, for the while By Eric Phillips In Bulmer v Bollinger [1974] Lord Denning famously observed that "[EU law] is like an incoming tide. It flows into the estuaries and up...
Aug 13, 2020 Accounting standards equivalence: it doesn't need to be mutual By Peter Bateman In the non-binding Political Declaration that accompanied the Withdrawal Agreement, the UK and the EU committed, in relation to their...
Aug 13, 2020 Prospectus equivalence: it doesn't need to be mutual By Eric Phillips In the non-binding Political Declaration that accompanied the Withdrawal Agreement, the UK and the EU committed, in relation to their...
Jul 31, 2020 No KIDding: the UK prepares to diverge from the EU PRIIPs regime By Eric Phillips The EU packaged retail and insurance-based investment products (PRIIPs) regulation is a regulatory behemoth overdue a reform. Since...