After a turbulent year in British politics, the UK is now clearly charting a momentous course out of the European Union.
Leaving the European Union is likely to have far-reaching implications, particularly for International Banks who have traditionally used London as a gateway for accessing financial services markets in the rest of Europe. What will happen to single market access in the long term remains to be seen.
Aside from the tumult of the Brexit process, one clear outcome from the decision to leave is certainty. Certainty, whether positive or negative, breeds stability and confidence in financial markets. This can only be viewed as a positive development.
Against this background, our Priorities Report offers an invaluable single point of reference for our International Banking clients by setting out key legal and regulatory developments across nine key areas in the coming year. The Report will serve as an indispensable guide for navigating the rapidly changing legal and regulatory landscape in the UK in this transition year and beyond.