With less than a year to go until Britain officially leaves the EU, uncertainty still remains over the exact terms of the departure. While the authorities have managed to agree on a transition period that will allow financial services firms to continue to benefit from passporting permissions until the end of 2020, it is unlikely that more decisions will be reached before October 2018. Still, this is not a time to sit and wait. Banks need to act now to ensure they are prepared for the final outcome, whatever that may be.
Changing the equation – what does Brexit mean for MiFID II? Brickendon’s Singh talks to Intercontinental Finance & Law
Brickendon’s Executive Director and MiFID specialist, Harpreet Singh features in the latest edition of Intercontinental Finance & Law (issue: 148/18) discussing the impact of Brexit on MiFID II and the implications that have dominated the financial services sector....
With exactly a year to go until the UK officially leaves the EU, Brickendon looks at what banks should be doing to ensure their contingency planning is focusing on the right areas to help them stay ahead of the competition in the post-Brexit world. In an uncertain world, preparation is key.
With just a year to go until the UK’s official departure from the EU, Brickendon Director Cagri Onur joins other financial experts in talking to the Daily Express about what still needs to be done to prepare and what the uncertainty means for the financial sector.
Britain’s decision to leave the EU means many things for the financial services sector, including the possibility of being unable to properly service clients in all regions post-Brexit. Brickendon’s experts look at how best to prepare for all eventualities and avoid potentially significant losses of income.
Does Brexit spell the reversal of the recent trend towards organisational and legal entity simplification in the banking sector and if so, what does it mean for the benefits that have at last begun to be realised thanks to organisational synergies? While the precise nature of the upcoming changes remains to be seen, Brickendon considers that the UK may win as well as lose some business.
Britain’s decision to trigger Article 50 in March of 2017 has caused ramifications across all areas of the business world. Location optimisation decisions that were once focussed purely on cost are now seeking to ensure businesses will be able to continue to service customers across the UK and the European Union. Brickendon looks at the new challenges businesses are facing in the light of Brexit and offers advice on how best to address them.
candidate Donald Trump likened the UK’s decision to leave the European Union to his bid to be US president. In some ways he’s not far off the mark. The same emotions that led the British public to vote 52 to 48 per cent in favour of leaving the EU, are the very same ones that have helped propel Trump to where he is today.
Britain’s decision to leave the EU is an opportunity to turn your business into a thriving organisation capable of improving its market position in unpredictable environments, says Brickendon Chief Executive Chris Burke.