EU27 Contingency Plans for No-Deal Brexit – Financial Services Update

With continued uncertainty about whether any withdrawal agreement will be agreed between the EU and UK and/or whether a further extension of the Article 50 process will negotiated, there is a significant risk that the UK will leave the EU without a deal on 12 April 2019.

Understanding EU27 contingency plans in the event of a no-deal Brexit is more important than ever for financial services firms given the “cliff edge” risks they face.

This note summarises recent contingency planning developments in the EU27 to provide an overview of the current state of play.