This communication follows up on previous press releases of the Commission de Surveillance du Secteur Financier in the context of Brexit, which were based on the assumption of a hard Brexit potentially occurring on 31 October 2019. Following the decision of the European Council of 30 October 2019 extending the period under Article 50(3) relating to the United Kingdom’s (UK) withdrawal from the European Union (EU), the reference date for a potential hard Brexit in all of CSSF’s previously published communications should now be read as 31 January 2020.
As regards in particular press releases 19/33 and 19/34, with respect to the mandatory notification for UK firms, undertakings for collective investment and/or their managers wishing to continue to provide services in...
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