transcript   Transcript

Brexit: Impact on UK-Based Banks – Earthquake or Tremor?

Recorded on: Jan. 14, 2017
Running Time: 01:13:30

Full Transcript:



If you are a Privileged Member, just log in and start reading now! If you are not a Privileged Member, please click here to learn how unlimited access to PLI programs may be right for you and your firm.

To access the streaming media of this presentation, please purchase the corresponding seminar segment.

Taken from the briefing Brexit: Impact on UK-Based Banks – Earthquake or Tremor? recorded January, 2017 in New York.

Following the UK’s vote in June 2016 to leave the EU, one of the major areas of concern has been the impact of Brexit on the UK banking sector. In addition to the UK banks, many international banks headquarter their European activities through branches or subsidiaries based in London.

Lecture Topics [01:13:30]

Listen to Peter J. Green and Jeremy C. Jennings-Mares from Morrison & Foerster LLP’s London office as they consider the following key areas of concern:

  • What is meant by the “single market” for financial services and the “EU passport”?
  • “Hard Brexit” vs. “Soft Brexit” -- What do these terms mean in the context of banking and financial services? To what extent are UK based banks likely to be able to maintain access to EU markets following Brexit in each scenario?
  • When will banks need to make firm decisions about possible relocation of activities to other EU jurisdictions?
  • What will be the impact of recent proposed changes to CRD4/CRR and the BRRD to non-EU banks carrying out activities in the EU?
  • In its G20 memo, the Japanese government asked for certainty and transparency in the Brexit negotiations. What are the chances?

Presentation Material

  • Brexit: Impact on UK-Based Banks – Earthquake or Tremor?
    Peter J. Green, Jeremy C. Jennings-Mares
Speaker(s)
Peter J Green ~ Morrison & Foerster LLP
Jeremy C Jennings-Mares ~ Morrison & Foerster LLP
Share
Email
Transcript FAQ's
  • How Can I Access Transcripts?
    You must be a Member in good standing.

  • Can I access the Video?
    Yes, you can access the video if you have the Adobe Flash plugin installed. Click on the video camera icon when you mouse over each paragraph. The media will begin playback at that point.

  • Can I get CLE credit for reading the transcript?
    No, CLE credit cannot be earned for reading a transcript. CLE credit is issued only for verified attendance while watching a web program. If seeking credit, please verify the program's eligibility for credit and expiration date in your jurisdiction on the web segment launch page before commencing the program.

  • FOLLOW PLI:
  • twitter
  • LinkedIn
  • GooglePlus
  • RSS

All Contents Copyright © 1996-2017 Practising Law Institute. Continuing Legal Education since 1933.

© 2017 PLI PRACTISING LAW INSTITUTE. All rights reserved. The PLI logo is a service mark of PLI.