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UK entities will be allowed to continue to operate in Italy even in case of “no-deal Brexit”

11/02/2019

On 24 January, the Italian Ministry of Economy and Finance published an official press release stating that it is in the process of finalizing – in close cooperation with the Supervisory Authorities, after a consultation with the trade associations – certain measures  dealing with the performance of regulated activities in the event of a “no-deal Brexit” by UK-based companies in Italy and Italian-based entities in UK, including financial institutions, MiFID firms, insurance companies and pension funds.

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CMS Newsletter Italia
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Foto diPaolo Bonolis
Paolo Bonolis
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