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UK Financial Services Industry Faces 'Cliff Edge' Scenario

Law360 (December 11, 2018, 1:07 PM EST) -- After 18 months of negotiations, several false dawns and a near-meltdown in the political landscape in Westminster, the U.K. and the EU have reached an agreement on the U.K.’s withdrawal from the EU and high-level objectives for the future relationship between the two. The withdrawal agreement (all 585 pages of it) and the slightly shorter draft political declaration on the future relationship (checking in at 26 pages in the U.K.’s version and 36 pages in the slightly larger-font EU version!) have made headlines around the world, but what do they actually say about financial services?

The Withdrawal Agreement

Regarding the withdrawal...

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