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Various EEA states have published draft laws or other initiatives with respect to banking and finance regulatory law in order to be prepared for the occurrence of a Hard Brexit. Which approaches are taken by national legislators in particular EEA states? The following overview provides some basic information about the content and status of such EEA states’ initiatives.
Various EEA states have published draft laws or other initiatives with respect to banking and finance regulatory law in order to be prepared for the occurrence of a hard Brexit. Which approaches are taken by national legislators in particular EEA states? The following overview provides some basic information about the content and status of such EEA states’ initiatives.
The purpose of this note is to provide some guidance on the urgent measures adopted by the Italian Government in order to ensure the financial stability in the event of the withdrawal of the United Kingdom from the European Union in a no-deal scenario. In particular, this note outlines the provisions of Italian Decree No 22 dated 25 March 2019 ("Italian Brexit Decree") concerning the rules applicable to the UK payment service providers operating in Italy at the date of the withdrawal