What does a post-Brexit financial services industry look like? The European Commission just provided a possible peek into the future.
If prior financial regulatory “tools of choice” were bulldozers and excavators, 2018’s will be wrenches and pliers. Our guide to global FinReg in 2018 is here!
With “sufficient progress” made on initial Brexit negotiations, the next phase of talks between the EU and UK will focus on their future relationship. After months of deliberation, it’s still unclear whether we will ultimately see a soft, medium, or hard Brexit.
2018 will be a transitional year for financial regulation as we move from a decade of policy debate to a time of conclusion and implementation in several key areas.
As the saying goes, “the more things change, the more they stay the same.” When thinking about 2017’s global financial regulatory landscape, the sentiment fits nicely.