05OCT18: PREDICTING BREXIT (AGAIN)

In early 2017, we advised FS clients that EU and UK regulators would use October of this year to make public announcements about ‘keeping the show on the road’ in the event of a no-deal Brexit. Steven Maijoor, Chair of the European Securities and Markets Authority, has started to set out the terms of a ‘transitional access deal’ if the Brexit talks fail. In other words, Brexit makes for dramatic politics, but it’s still predictable.

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