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EU Financial Market Access After Brexit

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  • Karel Lannoo

    (Centre for European Policy Studies (CEPS))

Abstract

Brexit means Brexit, or out means out — and that includes the UK’s exit from the single financial market. With financial services accounting for about eight per cent of the country’s GDP, it is understandable why the UK attaches immense importance to retaining access to the EU’s single market. But putting a mutually acceptable regime in place will take years of negotiations, and the final agreement will clearly allow much less access than UK-licensed firms enjoy today.

Suggested Citation

  • Karel Lannoo, 2016. "EU Financial Market Access After Brexit," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 51(5), pages 255-260, September.
    • Handle: RePEc:spr:intere:v:51:y:2016:i:5:d:10.1007_s10272-016-0614-y
    DOI: 10.1007/s10272-016-0614-y
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    Cited by:

    1. Bofinger, Peter & Feld, Lars P. & Schmidt, Christoph M. & Schnabel, Isabel & Wieland, Volker, 2018. "Vor wichtigen wirtschaftspolitischen Weichenstellungen. Jahresgutachten 2018/19 [Setting the Right Course for Economic Policy. Annual Report 2018/19]," Annual Economic Reports / Jahresgutachten, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung, volume 127, number 201819, February.
    2. Matthes, Jürgen & Busch, Berthold, 2016. "Was kommt nach dem Brexit? Erwägungen zum zukünftigen Verhältnis zwischen der Europäischen Union und dem Vereinigten Königreich," IW-Reports 37/2016, Institut der deutschen Wirtschaft (IW) / German Economic Institute.
    3. Yutaka Kurihara, 2017. "The Impact of ‘Brexit’ on Japanese International Trade in EU," Business, Management and Economics Research, Academic Research Publishing Group, vol. 3(6), pages 57-61, 06-2017.
    4. Micossi, Stefano & Perissich, Riccardo, 2016. "The Brexit Negotiations: An Italian Perspective," CEPS Papers 11922, Centre for European Policy Studies.

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