Reed Smith is a dynamic international law firm helping clients move their businesses forward. By delivering smart, creative legal services, we enrich clients' experiences with us and support achievement of their business goals. Our longstanding relationships and collaborative structure enable the speedy resolution of complex disputes, transactions, and regulatory matters.
On 7 April, the Bank of England gave financial firms a hard
deadline of 14 July for submitting their contingency plans for
Brexit, which passed last Friday
On 7 April, the Bank of England gave financial firms a hard
deadline of 14 July for submitting their contingency plans for
Brexit, which passed last Friday.
These plans were required to contemplate a variety of scenarios
including the prospect of a "hard Brexit", which as the
UK and EU governments continue along the path of tough Brexit
negotiations, probably makes the Banks wish they possessed a
crystal ball...
For more information please see our previous blog
here.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.