Brexit – Last day to enter TPR (or withdraw)

Tomorrow, United Kingdom will leave the European Union under the Withdrawal Agreement ratified by the European council and by the European Parliament yesterday.

FCA has implemented a Temporary Permissions Regime (TPR) for firms and funds intending to pursue their business in UK after Brexit.

The procedure to enter into the TPR includes a notification for which FCA sets the deadline to today, close of business.

And today is also the last day to withdraw a prior notification to enter the Temporary Permissions Regime ! Should a firm or a fund has revised its strategy.