Brexit Looms Over Future of European Financial Markets
A lack of clarity about the UK’s departure from the European Union is an ongoing source of concern for the financial services industry, leading to continuing questions around investor protection, transition costs and regulatory obligations.
The impact of the UK’s decision to split from the European Union (EU) sent shockwaves across the continent when the decision was announced on June 24 last year, swallowing political, social and economic issues whole. The enormity of Brexit and what it means for the future of the capital markets, both in the UK and the Eurozone, cannot be underestimated and financial firms have already begun making contingency plans for whatever outcome is reached when the two year period for negotiations under
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