Brexit Agreement On Financial Services

The EU and the Member States need key help in finding costs. The objective of this article is to review the main issues of Brexit for financial services, based in the United Kingdom and the European Union. He believes that as financial institutions have anticipated the possibility of a no-deal Brexit, the greater risks of financial instability are lower. But ultimately, Brexit poses significant regulatory problems, as access to the European market will be much more difficult on the basis of "equivalence" than the current automatic access based on mutual recognition and "passport rights". This process will lead to cones for the UK and the EU. obtaining deposits and credit between financial institutions and large businesses; and Directive 2 on markets in financial instruments (MiFID II) for investment banking. . . .

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