I’ve just published a Client Alert about the UK’s plan to (a) negotiate a new relationship with the EU; and (b) hold an in / out referendum before the end of 2017.
The Alert will be useful to anyone who’s contingency planning against the risk of a possible #Brexit, and the impact that might have on UK-regulated financial services firms.
The risk, cost and complexity associated with a #Brexit are enormous. The risk, cost and complexity of detailed contingency planning against these risks, are material in and of themselves.
My sincere wish is that the UK will vote to stay in the European Union. I say this for many reasons, not just because I think the success of the City depends on it, although it almost certainly does.
The new Client Alert is available here.