Brexit and the EU27—Germany and financial passporting

Table of contents

• What are the formal process and the timing for the UK leaving the EU?
• What are the UK’s options for retaining access to the Single Market?
• What would a ‘hard Brexit’ mean for the UK in terms of financial services passporting?
• How could an EU hub structure be put into place?
• What is the impact of Brexit on Germany?

Article summary

Public Law analysis: With the EU institutions and the EU27 Member States assessing the potential fallout from Brexit, this series continues our exploration of the effect of the UK’s exit from the EU on different jurisdictions across Europe. Among the many complications of Brexit, European observers are steadily coming to expect new opportunities at the UK’s expense. Bernd Geier, Katja Michel and Jörg Karenfort, from the financial regulation and antitrust departments of Dentons in Germany, give an assessment of the crucial issue of passporting, making note of a breezy anticipation taking hold in the offices of Frankfurt.