Select EU Member States are working hard to prepare for a possible disorderly Brexit, as the UK's withdrawal (due to the lack of an agreement on how to proceed) is likely to cause issues in a number of areas despite recent progress on interim arrangements. While many of the individual measures adopted or proposed by individual EU Member States aim to grant UK firms time (a transitional period of up to 21 months) to amend their operations so as to fully comply with the new reality of being what the EU considers a third-country firm, there is still uncertainty among the businesses concerned.  A number of the individual efforts of selected Member States propose legislative measures that aim to give additional comfort to financial market participants. This Client Alert intends to provide an overview of the current situation in selected EU Member States ahead of more comprehensive measures in the pipeline from relevant legislative policymakers in Brussels. 

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