Unwanted Kingdom: managing no-deal Brexit risks

UK-based dealers must plan now if they are to handle trades that extend beyond Brexit day

Risk Magazine 1017 Lead story illustration, nbillustration.co.uk, Stephen Lee
All adrift? Barriers in Europe’s rules could block certain kinds of cross-border activity
Stephen Lee, nbillustration.co.uk

She may have called it “implementation” rather than transition, but UK prime minister Theresa May appeared to give the financial services sector what it wanted in Florence on September 22. In a speech intended to unblock Brexit negotiations with the 27 other European Union members, she talked of a two-year period after March 2019 during which current arrangements between the EU and the UK would remain in place.

On closer scrutiny, however, the speech became less reassuring. There is continued

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...


You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: