HM Treasury publishes explanatory information for unpublished Brexit SIs

On 22 November 2018, HM Treasury published a number of explanatory information webpages for draft EU Exit statutory instruments (SIs) yet to be published: explanatory information for The Mortgage Credit (Amendment) (EU Exit) Regulations 2019. These Regulations address deficiencies in the Mortgage Credit Directive Order 2015 that arise as a result of the UK leaving the EU, and makes consequential amendments in line with other EU Exit SIs that the UK Government is making, so that mortgage regulation continues to operate effectively in a no-deal scenario explanatory information for The Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019. These Regulations amend the Financial Services and Markets Act 2000 (FSMA) and related domestic legislation in order to ensure that the UK’s financial services framework continues to operate effectively in a scenario where the UK leaves the EU without a Withdrawal Agreement; explanatory…

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