This is the third in our series of "Brexit Bites" which focuses on Financial Services. Much of the regulation of financial services in the UK is governed by EU law. This includes the regulation of banks, broker-dealers, insurers and reinsurers, insurance intermediaries, fund managers, mortgage providers and intermediaries, e-money issuers and payment service providers. Therefore, a Brexit would mean that financial institutions with operations crossing UK and EU borders would likely become subject to a new regulatory regime.
To access this Brexit Bite, click here. For information about our Brexit Task Force, click here.
This publication/newsletter is for informational purposes and does not contain or convey legal advice. The information herein should not be used or relied upon in regard to any particular facts or circumstances without first consulting a lawyer. Any views expressed herein are those of the author(s) and not necessarily those of the law firm’s clients.