Financial Services Act tackles plethora of hot topics

Both core elements of the UnitedKingdom’s post-Brexit framework as well as some more political areas of concernare addressed in this wide-ranging piece of legislation. Emma Radmoreand Lucy Hadrill discuss debates and changes from the Bill asoriginally published.

Emma Radmore(legal director) andLucy Hadrill(solicitor)are members of Womble Bond Dickinson’s financial services team in London.Contact them onemma.radmore@wbd-uk.comandlucy.hadrill@wbd-uk.com.

It’s now over a year since the FinancialServices Bill (the Bill) was introduced into Parliament. In an article lookingat the key drivers behind the Bill, we focussed on the three areas ofprudential standards for banks, a reform of the investment fund marketingregime, and the future financial services relationship between the UnitedKingdom and Gibraltar.