Brexit
FIA has compiled a variety of resources that may be of interest to industry members as the United Kingdom (U.K.) has voted in favour of leaving the European Union. This page will be updated regularly; please check back for additional information.
Please contact us at brexit@fia.org with any further questions.
Latest Activity
Resources
Brexit: What's Next for the Cleared Derivatives Industry?
Bank of England's Financial Stability Report and Stress Test results - November 2018
FCA's EU Withdrawal Impact Assessment - November 2018
HM Treasury's Financial services legislation under the EU (Withdrawal) Act 2018 - November 2018
Special Report: UK and EU withdrawal agreement text confirmed - November 2018
Brexit's Influence on Global Markets - an interview with FIA's Simon Puleston Jones - June 2018
Brexit Impacts on Futures Industry - an interview with FIA's Corinna Schempp - June 2018
FIA launches three new Brexit Working Groups - January 2018
FIA publishes white paper on the Impact of a No-Deal Brexit on the Cleared Derivatives Industry - December 2017
FIA publishes white paper on the Impact of a No-Deal Brexit on the Cleared Derivatives Industry - December 2017 (in German)
FIA's key messaging on Brexit - May 2017
FIA Webinar Recording: Brexit: What's next for the Cleared Derivatives Industry? (June 29, 2016)
Official Statements
Sam Wood's (Deputy Governor, Prudential Regulation CEO, Prudential Regulation Authority) letter to Nicky Morgan MP, Chair of the Treasury Committee (2 August 2017)
House of Lords European Union Committee Financial Affairs “Call for Evidence” regarding its enquiry into financial regulation and supervision following Brexit (24 July 2017)
Michel Barnier’s (European Commission) oral testimony to the House of Lords EU Select Committee (12 July 2017)
Guy Verhofstadt MEP’s oral testimony to the House of Lords EU Select Committee (12 July 2017)
Statement by Guy Verhofstadt MEP and the European Parliament Brexit Steering Group
European Parliament Brexit Steering Group assessment on the UK Paper “Safeguarding the position of EU citizens living in the UK and UK Nationals living in the EU”
European Commission press release “Commission proposes more robust supervision of central counterparties (CCPs)” (13 June 2017)
European Commission proposal for a Regulation as regards the procedures and authorities involved for the authorisation of CCPs and requirements for the recognition of third-country CCPs + Annex thereto + Impact Assessment relating thereto + summary of that Impact Assessment + FAQ (June 2017)
European Commission communication with respect to third country CCPs (4 May 2017)
Prudential Regulatory Authority’s “Dear CEO” letter regarding contingency planning for the UK’s withdrawal from the European Union (7 April 2017)
UK Government’s Article 50 letter (29 March 2017)
House of Lords European Union Committee Paper “Brexit and the EU budget” (4 March 2017)
UK Government's White Paper relating to the Great Repeal Bill (March 2017)
The United Kingdom's exit from and new partnership with the European Union (2 February 2017)
Theresa May’s Lancaster House speech (17 January 2017)
Legislating for Brexit: Statutory Instruments implementing EU law, House of Commons Library Research Paper 7867 (16 January 2017)
House of Lords European Union Committee Report “Brexit: financial services” (15 Dec 2016) and the response of UK government thereto (20 March 2017)
Lord Hill: Statement on decision to resign from the European Commission (June 25, 2016)
ECB Statement: Closely monitoring financial markets (June 24, 2016)
FCA: Statement on European Union referendum result (June 24, 2016)
Statement of G-7 Finance Ministers and Central Bank Governors (June 24, 2016)
M Treasury analysis: The immediate economic impact of leaving the EU (May 2016)
Bank of England: EU membership and the Bank of England (October 2015)
Expert Analyses
Freshfields: Brexit briefing note: Article 50 and withdrawing from the EU (July 4, 2016)
UK Constitutional Law Association: Pulling the Article 50 'trigger' (July 1, 2016)
FTI Consulting: Brexit's impact on financial services (July 1, 2016)
Linklaters: EU Referendum Microsite
Clifford Chance: The UK vote to leave the EU - The Immediate Issues (June 24, 2016)
Clifford Chance: Brexit Toolkit
Kreab: Post Referendum Scenarios (June 2016)
Hogan Lovells: What could Brexit mean for U.S. financial institutions? (May 2016)
K&L Gates: Brexit Bites - Implications for financial services firms (April 2016)
Holman Fenwick Willan: Brexit - Key questions for the commodities sector (April 2016)
Morgan Lewis & Bockius: Financial Services Sector Implications of Brexit (March 2016)
Sia Partners: Brexit and the impact on the UK's regulatory framework (February 2016)
Ashurst: Brexit (February 2016)
Global Counsel: Brexit - the impact on the UK and the EU (June 2015)