Financial Services Brexit Glossary
Financial Services Brexit Glossary

The following Financial Services guidance note provides comprehensive and up to date legal information covering:

  • Financial Services Brexit Glossary
  • Financial Services Brexit Glossary
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Financial Services Brexit Glossary

This glossary sets out, in alphabetical order, a list of commonly used terms and acronyms that have been in regular use following the UK’s vote to leave the EU in the June 2016 EU referendum.


Term Definition
Acquis Communautaire The Acquis Communautaire is the whole body of EU rights and obligations. It comprises the content, principles and political objectives of the EU Treaties, EU legislation and the case law of the Court of Justice of the EU, declarations and resolutions adopted by the EU, instruments under the Common Foreign and Security Policy, international agreements concluded by the EU and those entered into by the Member States among themselves in areas of EU activity.
Article 50 TEU Article 50 of the Treaty on European Union was inserted into the European Union (EU) Treaty by the Lisbon Treaty in 2009. It allows a Member State to leave the EU and sets out a procedure for doing so.
Article 50 Task Force (TF50) The TF50 is the European Commission’s Service Department for negotiations