Europe
UK and EU agree post-Brexit deal on Gibraltar
Gibraltar’s status as part of the UK signed off by Spain
France-resident UK nationals may need to regularise status
French senate drafts law in preparation for a hard Brexit, which deems Brits ‘third-nation citizens’
Asia-based fund groups struggle in Europe
Asian asset managers find European expansion challenging in the face of intense competition
Advisers admit to Common Reporting Standard worries
Old Mutual Int’l survey finds 59% of clients have concerns, while 34% of IFAs lack understanding
UK may not recognise cross-border suitability after Brexit
Firms will have to think about redoing suitability or repapering clients to the UK