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Herbert Smith Freehills use cookies to enhance your experience on our website. Everyone was playing a waiting game — a game that has left a massive repapering requirement that for some terms of business is well past the compliance deadline. IS there a way of taking off the finish on my woodchip wallpaper to get a smooth surface for repapering or painting? Without that data, it is an incredibly tortuous process to identify which contracts are likely to be impacted by a regulatory change — or Brexit negotiation, which is certain to have many twists and turns to come. However, a no-deal situation could leave the UK economy worse off than the recession. By continuing to use our website without disabling cookies, you agree to our use of cookies. In a scenario where the UK leaves the Single Market and no deal covering financial services is agreed, firms will lose the right to passport financial services activities between the UK and EU

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IS there a way of taking off the finish on my woodchip wallpaper to get a smooth surface for repapering or painting? Briefings 16 February Brexit: Our ALT team, based in key hubs such as Belfast, Johannesburg, Australia and China, delivers high-quality, cost-efficient managed legal services for document repaperiny, defined-process work. So why are legal teams under resourced and under supported?

GDPR: Are you ready for re-papering?

The draft Act is to enter into force on 30 March Share Facebook Twitter Linked In. Login Register Follow on Twitter Search.

Our market-leading ALT capability means we are exceptionally well placed to design and implement time-efficient, value for money Brexit re-papering projects.


Fundamentals of Blockchain Banking 29th April – 30th April It is time banks recognise the new normal — from regulatory change to Brexit — adopt a repqpering more proactive approach, and accept that planning for change is now a constant within the business that requires a dynamic and adaptive legal environment underpinned by excellent management of legal agreement data.

Banks that get this right will be stealing a march on competitors. But there is also a strong need for better industry collaboration. They do not constitute legal advice and should not be relied upon as such.

Clearly legal can no longer be left at the end rdpapering the chain to pick up the project at the last minute. Don’t run repaperung of steam; DIY. While the volume of rebuttals may have taken some by surprise, businesses patently failed in their MiFID II project management and handling of client relationships. The task is often hard work, but it needn’t be a chore.

July 3,11am UTC.

Brexit: implications for contract continuity and repapering

Contracts may need to be amended to fix provisions which might unintentionally be triggered by Brexit eg termination rights or which would otherwise become ineffective or uncertain post-Brexit eg definitions or terms assuming the UK to be part of the EU.

Are you ready for re-papering?

Legal departments may be the last line in a chain of processes and events that cover both business operations and market practice, but by failing to undertake adequate outreach programmes until the regulator finally confirmed MiFID II terms, the repaepring left legal with just a few months to repaper the entire client portfolio.

Rrepapering may require contracts to be amended or migrated to the authorised entity. This trend will only continue with more regulation and change projects required. This briefing deals with the first four areas.


Brexit: Are you ready for re-papering? – Lexology

In order to keep the relationship as it stands, a British bank would need to shift the contract to an entity based in Frankfurt, for example, giving it access to the single market.

The UK government has failed to secure the approval by the House of Commons of the Withdrawal Agreement on its third attempt though the previous two included the Political Declaration.

The rise of the instant bank. Of course, many legal teams are also pointing to the unprecedented number of rebuttal letters being received — many just before the 3 January deadline — which has clearly added unexpected legal workload and additional requirements. Repapering – definition of repapering by The Free Dictionary https: Follow Please login to follow content. We combine a global team of leading Brexit experts across all practices and sectors with our integrated low cost Alternative Legal Services ALT offering aided by repaperint technology and process improvement techniques.

My father was kept hard at it, repaperingpainting everything cream, putting down repaperinb, and constructing neat additions from hardboard. Banking Technology March issue out now. Subscribe to stay up-to-date with latest thinking, blogs, events, and more.

Those who look to take a proactive approach to the drive of greater regulation are winning in terms of their readiness to scale up and down accordingly. He even brought us fresh apples one day corporate RIA or you can go completely RIA without moving assets or repapering your clients–that’s a retention move by the BDs, but also a recruiting move.

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