We use cookies to make your experience of our website better. Some of these are set by third party Google Analytics to help us analyse website traffic. To comply with privacy regulations, we require your consent to set these cookies. If you continue to use the site without selecting an option we will assume you are happy for us to use cookies.

The UK’s EU Referendum: Impact on Financial Services – If one door closes, can another one open?

The UK’s EU Referendum: Impact on Financial Services – If one door closes, can another one open?

Philip Mackay

While the UK electorate will on 23 June be asked to vote in the EU referendum, apparently simply, on whether the UK should ‘Remain a member of the EU’ or ‘Leave the EU’, for UK industry the issues that lie behind the question are much more complex.  These revolve mainly around what the UK’s future relationship with the EU would be, particularly in the context of freedom of trade in goods and services, as well as its influence over the rules and regulations that govern access to the EU’s internal markets.

Our briefing note which can be viewed here highlights, at a high level, what access and influence these possible alternatives could be likely to actually achieve for UK Financial Services based on what they currently deliver for those countries that are signed up to them. 

We have examined various facts around the EU referendum process, links to which can be found here. Over the coming weeks and months, our specialists will be publishing analysis of how their sectors may be affected if the UK votes to leave the EU, to help you understand the areas of uncertainty and assess the potential risks to your business.

Please do get in touch if you have any queries over how your business could be affected by the UK voting to leave the EU. 

Philip Mackay
Consultant

Charles Rogers
Solicitor

LChalmers