Our experienced team of corporate, funds and regulatory lawyers provides practical and legal advice on the implications of the UK’s June 2016 referendum vote to leave the European Union. This includes advice on the impact Brexit may have for clients in the BVI and the Cayman Islands and advice on setting up a regulated entity in or moving to Cyprus as an alternative jurisdiction to the UK.
Our Cyprus office is experienced in advising clients setting up regulated financial services entities in Cyprus. This can be particularly attractive for UK based financial institutions seeking certainty post-Brexit on the continued availability of passporting rights for their financial products and services under European legislation. Our Cyprus team is committed to fast, reliable and commercially astute legal services and our client base includes leading international law firms and many of the largest financial and credit institutions in the EU and beyond.
Harneys has been closely monitoring and analysing the potential impact of Brexit for our clients following the June 2016 referendum and we continue to remain alert to developments in this quickly evolving area, expertise which we are able to leverage for our clients.