Banking and finance

Payment services in the case of a Hard Brexit

Published on 11th Mar 2019

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The uncertainty as to the outcome of the negotiations between the UK and the EU has led multiple States to consider the adoption of special rules to manage the issues that might arise after 29 March. In the financial services sector, there are over 300 operators with a UK licence that are currently carrying on business in Italy.

The attached document (Hard Brexit) illustrates what is currently happening in the main European jurisdictions in relation to the management by various governments of a no-deal scenario.

 

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* This article is current as of the date of its publication and does not necessarily reflect the present state of the law or relevant regulation.

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