The Edinburgh Reforms - post-Brexit financial (de)regulation

Tailored regulatory reform at its best or a race to the bottom? John Verwey and Sulaiman Malik provide an overview of the Edinburgh Reforms and their potential impact on the UK's status as a global financial hub.

John Verwey is a partner in the Financial Services Regulatory group at Proskauer Rose in London, where Sulaiman Malik is an associate. Contact them at jverwey@proskauer.com and smalik@proskauer.com.

On 9 December 2022, the United Kingdom's Chancellor of the Exchequer announced an expansive set of reforms to the jurisdiction's financial regulatory regime - labelled the 'Edinburgh Reforms'.