The European Banking Authority has released recommendations for UK-based financial services firms considering moving to remaining EU member states post-Brexit.
An Opinion setting out recommendations for banks, investment firms and other financial services firms considering a move to an EU member state post-Brexit has been published by the European Banking Authority (EBA).
The EBA guidance aims to ensure the consistent application of EU legislation in the lead up to Brexit, and covers matters relating to authorisations, the prudential regulation and supervision of investment firms, internal models, outsourcing, internal governance, risk transfers via back-to-back and intragroup operations and resolution and deposit-guarantee schemes.
With regard to corporate governance, said Robert Ca
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