Following the UK’s decision to leave the EU, the question everyone’s asking and many are trying to answer: What’s next?
How will immediate factors such as volatility, interest rates and risk exposures affect your business? What about the longer-term legal and regulatory impacts? We can guide you.
We’ve put together a list of the top five things you should know about Brexit. There’s also commentary on the market, a Q&A, videos, and details of the short- and long-term considerations we’ve implemented in our business to help clients manage this uncertainty.
How we’re thinking right now
- Teams across our business are implementing plans in key impact areas, such as product distribution and passporting, trading and servicing models, and legal entities and contracts, to support clients through this period
How we’re thinking longer term
- As the exact implications become clear, we’re working to optimize our operating and legal entity model so that we can support any decisions clients may make
- For clients who may wish to move to other State Street legal entities, we have existing expertise and multi-product, multi-jurisdicitional solutions in place