The European Commission has updated its website to provide information on how Brexit will affect banking and finance rules. Separate pages address:
- markets in financial instruments
- banking and payment services
- post-trade issues
- asset management
- credit rating agencies
- insurance and reinsurance and
- statutory audit
Each page looks at the impact of withdrawal on authorisations, contracts and other aspects such as outsourcing to UK providers, actions investors should take and risk and counterparty exposures.