This timely book examines the legal and regulatory implications of
Brexit for financial services. The UK's withdrawal from the EU is likely
to have significant market, political, and policy consequences for the
UK financial system, for the single market and the euro area, and for
the international financial system. As the UK disentangles its financial
system from the EU, law will matter to a profound extent. Treaties,
legislation, and regulation, at UK, EU, and international levels, and
the many dynamics and interests which drive them, will frame and shape
the ultimate settlement between the UK and the EU. Law will also shape
how the EU financial system develops post-Brexit and how the
international financial system responds.
Written by leading authorities in the field, this book addresses and
contextualises the legal, regulatory, and policy issues across five
dimensions, which correspond to the major legal spheres engaged:
financial regulation implications and market access consequences for the
UK financial system; labour law and free movement consequences for the
UK financial system; the implications internally for EU financial
governance and the euro area; the implications and relevance of the
EEA/EFTA financial services market; and the trade law and World Trade
Organization law implications.
