Financial Services

Apart from a significant re-shaping of the political landscape, Brexit could have a substantial impact on the economy in general, and is likely to affect the financial services sector the most.

Although the future landscape is unclear, what is clear is that there will be a number of potential legal challenges that businesses may need to address. This is a fraught time for in-house legal and compliance teams who are expected to be conversant in all things Brexit related.

We have compiled a list of 10 of the most common Brexit myths that are circulating in financial services businesses - view the list here.

We are here to help with contingency planning and implementation; and understanding what the various Brexit scenarios would mean for your business. We also have a strong network of EU firms with whom we work closely and who can help you to explore different options.

Please don't hesitate to get in touch with us.

Latest updates

ARTICLE: Lending from Europe at risk – are European banks ready for Brexit?

The Bank of England Financial Policy Committee issued a warning at the start of October 2017 that EEA banks are not sufficiently focused on Brexit. So what should foreign banks be doing to alleviate some of the concerns?

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ARTICLE: House of Lords EU Committee report on Brexit and financial services

The House of Lords European Union Select Committee has published a report "Brexit: financial services" which sets out some initial findings on the impact of Brexit on the sector. Find out more in our summary of the report.

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INFOGRAPHIC: The Brexit jigsaw

We consider what the possible outcomes following a soft or a hard Brexit might be and the threats and opportunities that might accompany each of the options. Find out more in our inforgraphic The Brexit jigsaw.

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ARTICLE: Top 10 Brexit myths for Financial Services firms

This is a fraught time for in-house legal and compliance teams who are expected to be conversant in all things Brexit-related. We have compiled this list of 10 of the most common Brexit Myths that are circulating in financial services businesses.

Read the article

PDF: The future of the City in the balance?

Before the referendum we held an event for our Financial Services clients, looking at how a Brexit could impact the UK Financial Services sector. Based on the views shared at our Brexit event, this report considers the business implications of a Brexit.

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INFOGRAPHIC: Survey highlights

We asked the audience at our event how a Brexit would affect the Financial Services sector. View our inforgraphic to see top challenges and opportunities our audience believe the sector will face.

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Please note, these materials are current as of the date of their publication and do not necessarily reflect the present state of the law or relevant regulation. If you have any questions, please do not hesitate to get in touch with us.