1. Brexit: Information for firms
  2. GFSC's Role Under the EU Withdrawal Act
  3. Preparing your firm for Brexit
  4. Next steps
  5. Policy Statement on the Interpretation of EU Guidelines and Recommendations

Next Steps

It is important for all firms to have assessed the impact that Brexit has on their business and to have implemented any necessary changes. Firms should:

• Considered what and how information should be provided to consumers. Information should be provided in a way which is clear, fair and not misleading.

• Firms that operate cross-border should discuss implications for their business with the relevant EEA regulator(s).

The European Commission, European Supervisory Authorities and certain member states/National Competent Authorities have published notices highlighting the implications of Brexit. Some have also provided for their own Temporary Permissions Regime and national legislation to mitigate the effects of Brexit.