3D Global News Releases

Brexit – UK Clients

By Tue, June 1 2021 9:06 BSTNo Comments

This is an important notice for our UK resident Clients:

Although the UK is no longer part of the EU, 3D is permitted to service your existing account for a maximum length of time depending on the type of contract you have with us, namely:

15 years for insurance contracts; or
5 years for all other contracts

Having said this, the UK regulator (the FCA) has specified that they expect us to ‘run down’ our UK business promptly.

At this stage there is nothing you need to do.

We will be in contact with your shortly with more details and your options.

In the meantime please feel free to speak to your 3D advisor for more information.

With respect to UK resident clients, our two companies are deemed authorised and regulated by the Financial Conduct Authority.

The nature and extent of consumer protections may differ from those for firms based in the UK. Details of the Financial Services Contracts Regime, which allows EEA-based firms to operate in the UK for a limited period to carry on activities which are necessary for the performance of pre-existing contracts, are available on the Financial Conduct Authority’s website (https://www.fca.org.uk/news/statements/financial-services-contracts-regime).

Barbara Ferguson – Compliance Officer