Analysis

Supporting Europe’s Economies and Citizens - A modern approach to financial services in an EU-UK Trade Agreement

19 Jan 2018
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Region: 
EU/Eurozone

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In September 2017, Global Counsel and Clifford Chance published with UK Finance a detailed set of proposals for the financial services content of a possible future EU-UK FTA.

The proposals offered a possible answer to the difficult question of how the EU and the UK might preserve some elements of cross-border trade in financial services in a future framework in which the UK has left the EU single market. The report considers:

  • The services for which cross border trading rights might be feasible;
  • The regulatory alignment that would be required to facilitate this;
  • The mechanisms of supervisory and regulatory cooperation that this would require.

View and download Supporting Europe’s Economies and Citizens - A modern approach to financial services in an EU-UK Trade Agreement.

 

See also the Clifford Chance/Global Counsel/BBA reports on the impact of Brexit on EU-UK cross border trade in financial services and the possible structure of transitional arrangements for financial services.

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