The article below outlines a number of possible changes to the UK financial services regulatory landscape in the event that Britain votes to leave the EU. All credit to Paul Ellison at Macfarlanes for this interesting think piece.
We consider a number of key issues posed by Brexit to a cross-section of financial services institutions. Two key concerns are likely to be on the minds of governing bodies of UK financial services firms: the ability to continue to access the EU market post-Brexit and; the subsequent nature and intensity of post-Brexit financial services legislation. We consider these matters through the prism of possible Brexit scenarios.