Brexit Newsflash: Resignations Add to Brexit Uncertainty

Two UK senior cabinet ministers (and a raft of other leaders) resigned today leaving Prime Minister Theresa May’s Brexit plan in jeopardy. Prime Minister May had already faced challenges with her Brexit deal, and today’s resignations deepen a crisis that has been brewing for months. Here, we outline what the resignations mean for Brexit and how the impact may be felt in financial services.

Brexit Newsflash: Tentative Deal for Financial Services

Today the financial services industry was buzzing with reports that UK Prime Minister Theresa May has agreed to a “tentative” Brexit deal that would give UK’s financial services sector regulatory equivalence to the EU. With no official comment from the UK Government or confirmation from negotiator Michel Barnier, a deal on equivalence may be speculative. But if a deal were to happen – what would its impacts be for financial services?