Publication European Parliament Study 'The UK's Potential Withdrawal from the EU and Single Market Access under EU Financial Services Legislation'

In the aftermath of the UK’s vote to leave the EU, securing continued access to each other’s markets will be one of the key issues to be addressed in the exit negotiations. In this context, the European Parliament has published the study conducted by Olha Cherednychenko for the Committee on Economic and Monetary Affairs (ECON) entitled 'The UK's Potential Withdrawal from the EU and Single Market Access under EU Financial Services Legislation'. The study examines how the current EU financial services legislation ensures or facilitates access to the EU single financial market for EU/EEA Member States and third countries. The analysis focuses on passporting/mutual recognition regimes for EU/EEA Member States and third country equivalence regimes.