Brexit – Contractual Dis-Continuity
A long and comprehensive post from DRS on Brexit and the OTC market, follow the link below.
A question that has been ignored, until very recently, is how firms will deal with cross-border derivative contracts when the UK leaves the EU in March 2019. Leaving the single market without either EEA membership or a trade agreement covering financial services, will result in complications for existing derivative contracts. With approximately £26 trillion of outstanding […]