After Brexit pp 385-396 | Cite as

EU Financial Markets After Brexit

  • Karel Lannoo


Access to the EU’s financial markets will become seriously restricted for Britain-based financial institutions after Brexit. This article reviews the importance of the passport for financial services providers under EU law and the third-country arrangements access under the different EU financial services directives. It concludes that the City of London and UK-based financial institutions will be seriously affected by Brexit.


Financial market regulation Brexit Financial centres EU law and third countries 


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Copyright information

© The Author(s) 2017

Authors and Affiliations

  • Karel Lannoo
    • 1
  1. 1.CEPS (Centre for European Policy Studies)BrusselsBelgium

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