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Making the best of Brexit for the EU27 financial system

Andre Sapir (), Dirk Schoenmaker () and Nicolas Veron

Policy Briefs from Bruegel

Abstract: The issue The United Kingdom’s exit from the European Union creates an opportunity for the remaining EU27 to accelerate the development of its financial markets and to increase its resilience against shocks. Equally, Brexit involves risks for market integrity and stability, because the EU including the UK has been crucially dependent on the Bank of England and the UK Financial Conduct Authority for oversight of its wholesale markets. Without the...

Date: 2017-02
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Working Paper: Making the Best of Brexit for the EU-27 Financial System (2017) Downloads
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