Artikel mit dem Schlüsselwort "Brexit"

Brexit – banking on „enhanced“ equivalence?

Brexit – banking on „enhanced“ equivalence?

Even though progress has been made, banks are left with continued uncertainty about the timing and scope of the Brexit process. They still have to plan for different scenarios.

The EU Council has agreed to the political compromise reached end of march for a transition period until end of 2020. However, this compromise will only become formally binding once the exit agreement has been accepted later this year. If the negotiation process by which the transition period has been reached is taken as a precedent, then banks appear to be well advised not to rely on a timely and conclusive compromise between the parties. Weiterlesen 

Brexit – managing uncertainties

Brexit – managing uncertainties

„Britain’s banks need a watertight Brexit transition deal by Christmas to avoid a potentially disorderly shift of people and operations to the European Union.“

The statement from BoE Deputy Governor Sam Woods appears to contrast sharply to the progress made so far in the negotiation process between the UK and the EU. At this stage, it is far from certain, that any such deal can be achieved by Christmas. Hence: Are we looking at a chaotic process in 2018 and 2019, with everybody rushing for the exit? What are the options and is there a realistic time plan to still meet a potential hard-Brexit-deadline of end of March 2019, if work is not started until Christmas? Weiterlesen 

Brexit: Quo vadis Banken?

Brexit: Quo vadis Banken?

Mit dem Brexit könnten Londons Banken den Zugang zum europäischen Markt verlieren. Trotz aller Unklarheiten: Abwarten und Tee trinken wäre eine schlechte Strategie – genauso aber überstürzter Aktionismus. 

Der Brexit hat begonnen: Letzte Woche starteten die formellen Verhandlungen zum Ausscheiden des Vereinigten Königreichs aus der Europäischen Union. Auch wenn der Zeitrahmen vertraglich vorgegeben ist, gibt es hinsichtlich der Verhandlungsziele und der Taktik der englischen Regierung noch viele Unklarheiten. Die Ergebnisse der britischen Unterhauswahl haben nicht für die gewünschten klaren Mehrheitsverhältnisse gesorgt.

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