The European Commission (EC) has told UK-based asset managers they must prepare for all Brexit scenarios, with the industry facing "considerable uncertainties" as the country prepares to leave the bloc.
In a letter written by the EC's Directorate-General for Financial Stability, Financial Services and Capital Markets Union, seen by Investment Week, asset managers were told "preparing for the withdrawal...
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Spent ten years at Stonehage Fleming
Early this summer, the Financial Reporting Council (FRC) is due to publish a revised version of the UK Corporate Governance Code, which is expected to include new guidance affecting the composition of boards and shareholder voting practices.
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