Continuity of cross-border financial contracts post-Brexit

In this paper we make clear that the only workable solution to the continuity of cross-border financial contracts post-Brexit is a coordinated UK and EU response, involving both the public and the private sectors.

The paper argues that the full range of affected cross-border contracts must be grandfathered, either for a time-limited period, or potentially until maturity. This would protect UK and EEA policyholders and institutions and avert potential widespread financial losses.

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