Beyond Brexit

Issue 1223 / 21 September 2023

HM Treasury

The Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2023 (SI 2023/1018) - Statutory Instrument published - 20 September 2023

HM Treasury has amended the Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2019 (SI 2019/589) (the Regulations). The amendment to the Regulations, dated 18 September 2023, extends the temporary arrangements for market access rights between Gibraltar and the UK by 12 months until December 2024.

The amendment will come into force on 15 December 2023.

The Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2023 (SI 2023/1018)

Explanatory Memorandum

Webpage

Financial Conduct Authority

Temporary marketing permissions regime - FCA publishes new webpage - 19 September 2023

The FCA has published a new webpage for firms in the Temporary Marketing Permissions Regime (TMPR), indicating that it is still reviewing the TMPR exit process and landing slot notifications.

The FCA requests operators of undertakings for collective investment in transferable securities (UCITS) in the TMPR to ensure that the FCA holds the correct contact details for the operator. The FCA states that further information regarding landing slots will be posted on the webpage in due course.

FCA Webpage