Brexit agreement may mean more deals and more red tape for private equity
Confidence has returned to UK investors now certain that the UK has left Europe with a deal, but questions still remain over fundraising rules and the future of cross-border deals. With the one-year transition period coinciding with a global pandemic, it isn’t yet clear how much of an impact Brexit had on dealmaking in 2020. […]
France will be vigilant on post Brexit deal implementation, minister says
CALAIS, France (Reuters) – France will be vigilant over the implementation of a post Brexit trade deal reached last week between Britain and the European Union, French European Affairs minister Clement Beaune said on Friday. “This deal begins its life today. It will last years, possibly decades. Our demand is that each party respect its […]
Britain Budges on Derivatives in Last-Minute Brexit Relief
(Bloomberg) – Britain’s market watchdog eased restrictions on cross-border derivatives trading in a move to calm fears of market turbulence just hours before the Brexit transition period ends. The Financial Conduct Authority said Thursday it acted to resolve conflicting European Union and U.K. laws that threatened a $200 billion-a-day market in London for interest-rate swap […]
EU ambassadors approve provisional application of Brexit trade deal
BRUSSELS (Reuters) – Ambassadors of European Union governments in Brussels approved on Monday the provisional application from Jan 1, 2021 of the EU-Britain trade deal struck last week. “EU Ambassadors have unanimously approved the provisional application of the EU-UK Trade and Cooperation Agreement as of January 1, 2021,” the spokesman for the German EU Presidency […]
