London—Following the UK's decision to leave the European Union (EU) after its recent referendum vote, we have formed a Brexit response team which is helping to guide clients through the legal and commercial risks and opportunities presented by this decision and the practical next steps they will need to take. This response team is available to offer advice and know-how to clients around the world as the UK transitions towards leaving the EU.

On 11 July 2016, two weeks on from the result, we held a webinar focussing on the implications of the UK's decision to leave the EU on financial institutions. Byron Nurse, Michael Wainwright, Andrew Cheung and Adam Pierce discussed recent developments and the regulatory, transactional and tax implications of Brexit, sharing their opinions and insight. Topics considered during the webinar included:

• The prospects for London as a global financial centre
• Access to the single market for wholesale banking business
• Access to the single market for retail business
• Legal implications for finance transactions and documents
• Policy, politics and tax

Watch the webinar

We remain available to answer any questions you may have with respect to how your organisation may be impacted by Brexit. For more information on the regulatory and transactional implications for financial institutions please click here.

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