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Lawyers to City firms: Don’t dally on Brexit plans

With Theresa May determined to trigger Article 50 by the end of March, financial firms face a tight regulatory timeline for moving operations

Lawyers to City firms: Don’t dally on Brexit plans
Photo: iStockPhoto

Lawyers have told financial services firms to get a move on with any plans to move staff from London as a result of Brexit - or risk finding themselves at the back of the line with regulators.

UK Prime Minister Theresa May remains determined to trigger Article 50 by the end of March, and lawyers say firms must be aware of the administrative and regulatory timeline for shifting operations if they want to ensure things are in place for the start of the post-Brexit era.

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