The UK is currently considering proposals on its overseas funds regime ("OFR"), which are relevant for managers planning to market investment funds in the UK at the end of the Brexit transition period. The temporary marketing permissions regime ("TMPR") permits investment funds for which applications have been made to utilise this regime prior to the end of the Brexit transition period to continue to be marketed in the UK.
Our advisory considers the current proposals for the OFR and the action that needs to be taken to make use of the TMPR.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.