Business need
A French Asset Manager marketing its fund range in the UK is concerned about how fund passport will be considered in the context of Brexit: May my funds continue to be distributed post Brexit ? Any transition period ?
FundGlobam's role
FundGlobam provided useful guidelines regarding Temporary Permission Regime (“TPR”) process in the UK, made a check of the UK FCA’ register and/or apply for TPR registration on behalf of the client.
Results
In this permanently evolving context, it is crucial to ensure the compliance with local requirements such as this right-in-time notification to ensure business continuation post Brexit.