This Background Briefing collates recent Eurozone Hub coverage on the EU's supervisory principles on relocations (SPoRs) that have a breadth and depth of impact on a variety of financial market participants relocating to the EU but also to those already on the ground in the EU or looking to expand operations in third countries. In any event the SPoRs mark a sharpening of existing EU rules and increased scrutiny on firms' systems and controls as well as business activities. The SPoRs are likely to be relevant to all types of market participants and regardless of the stage of Brexit-planning they may be in.
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