On 31 December 2020, the FCA published a new webpage reminding firms that as of 11pm on 31 December 2020 passporting between the UK and EEA States had ended and the temporary permissions regime had come into effect for those firms and funds that notified the regulator that they wanted to enter the regime. While the FCA has applied a temporary transitional power on a broad basis, there are some key exceptions where firms need to comply with the changed requirements now. Firms should check the implications of these for their business. The webpage also reminds readers that the extent to which UK firms can continue to provide services to customers in the EEA depends on local law and local regulators’ expectations. The FCA expects UK firms to take the steps available to them to make sure they act consistently with local laws and expectations. The FCA adds that it is clear that firms’ decisions need to be guided by obtaining appropriate outcomes for their customers, wherever they are based.