Notification window for the Temporary Permissions Regime is open

What is the Temporary Permissions Regime? This regime, which opened for applications on 7 January 2019,  will allow European Economic Area domiciled investment funds that currently market in the UK under a passport to continue temporarily marketing in the UK if the UK leaves the European Union on exit day (29th 2019) without an implementation period in place. The TPR will provide a backstop to ensure inbound funds can continue their UK business with minimal disruption, and will last for a period of three years. How could FundRock assist you? In order to benefit from the TPR a notification via FCA Connect will need to be submitted by 28 March 2019 (inclusive this date). We are planning to assist our clients who wish to use TRP in advance of this deadline, but still leaving some time to monitor ongoing developments should the need for the TPR change in any way. Email us at FRMC_Product@FundRock.com to find out more.