Brexit transition period: One month to go as FCA reminds firms to prepare

At 11pm on 31 December, businesses must be ready for the changes to the regulatory environment in which they operate as EU laws will no longer apply. To help firms prepare, the financial watchdog has published information online, setting out key areas to focus on and is making use of the temporary transitional power to provide them with more time to comply with some of the changes coming into place as the UK leaves the EU.  However, firms should ensure they do not miss the changes that must be made and complied with by the New Year (1 January 2021). This includes passporting, which wi...