On 9 March 2018, the FCA published a new webpage concerning a new survey for inward bound firms and fund managers.
In December 2017, the UK Government announced that if necessary it would legislate to provide a temporary permission scheme for EEA firms and funds passporting into the UK. EEA firms and funds which receive a temporary permission would be able to enter into new business and fulfil existing contracts with UK customers for a period of time after exit day, while seeking full authorisation in the UK. Shortly thereafter the FCA set out initial details of how it intends to use this scheme in December 2017.
To help inform the FCA’s communications and to identify firms for which a temporary permission may be relevant the regulator is asking inward bound firms and fund managers to complete a short online survey by 11 May 2018.