The UK government has established the Temporary permissions regime (TPR) in addition to the temporary marketing permissions regime (TMPR) for established EEA member states as part of its preparations for Brexit.
The TPR enables firms situated in the EEA that were passporting into the UK at the end of the Brexit transition period on 31st December 2020 to continue their operations in the UK within the same scope of their previous permissions for a limited timeframe after the transition period. During this time firms in the EEA must seek full authorisation in the UK – in order to access the UK market.
As a result of the above and client demand, we are now offering a fully customised service to provide all our clients to become established in London so that they can source the best financial services infrastructure in the world. LHI Consulting can assist your firm and help you continue trading within the UK market as we move into a post Brexit world.
A firm in the UK and EEA, once established, can compete with the best around the world. The UK establishment can face a number of legal, regulatory and infrastructure challenges, all of which we can fully satisfy, in whichever capacity the firm desires.