The EU referendum and talk of a potential “Brexit” is very much front and centre for the UK currently and this includes the financial serivces sector. Debate is ongoing with various reports being published to explore the potential impact of staying or remaining.
London-based financial services thinktank JWG recently published a paper called ‘Brexit, Changing Out of the Engine of Finance’ which shows if the UK exits, the country will enter a long period of uncertainty and the bureaucracy could become greater rather than less. In this podcast DerivSource editor, Julia Schieffer, speaks to both PJ Di Giammarino and Aoife Quinn of JWG about the findings of this paper to give our listeners insight into the potential impact of the UK leaving the EU on financial services and specifically financial regulation.
Listen to this podcast, read the transcript below.
To download a free copy of JWG’s Brexit report, please click here
On Tuesday 5 July, JWG is also hosting its very own RegTech Capital Markets Conference. With the opening speech titled ‘RegTech: overcoming blockage, budgets and Brexit fallout’, you can expect a lively discussion of how RegTech can reduce the regulatory burden and ease compliance, all in the wake of a historic vote by the people of the UK deciding whether its future will be in or out of the European Union. To find out more about the event, please click here