4

Currently the UK is in the EU, that means that the financial products sold in the UK are under the EU regulation (UCITS).

After the UK leaves the EU, this regulation will no longer be applicable. Will this impact to individual investors? How?

Improve this question

1 Answer 1

Reset to default
8

That's about an EU directive. The way EU directives work is that each member state is obligated to make laws that comply with it. But these aren't EU laws. They are laws of each individual country. They can and will be different from country to country but they need to comply with the general idea. Leaving the EU won't make UK laws go away.

Improve this answer
1
  • 2
    Although, for completeness, if the UK does leave, it would then not be under an obligation to keep the current law(s). That doesn't mean the situation will change, only that it could change.
    – TripeHound
    Nov 25, 2019 at 11:41

You must log in to answer this question.

Not the answer you're looking for? Browse other questions tagged .