The UK's Asset Management sector maintains a strong reputation across the globe, aligned with its robust regulatory controls, this makes it a sound place to do business. Whilst temporary permissions are being put in place to maintain the free flow of assets across Europe, will these be maintained in the long-term if the UK crashes out of Europe?
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EU governments provide Brexit relief for asset managers
European governments have stepped up efforts to grant crucial concessions to UK asset managers to limit the worst effects of a no-deal Brexit. France, Germany, Italy and the Netherlands are among countries that have amended national laws to ensure UK investment companies can still serve foreign customers.