London Financial Regulation Seminar

Brexit: Implications for the City and
For the Future of Financial Integration in Europe

London School of Economics Monday, 10th October 2016 4:30 PM- 6:30 PM, Venue: Old 3.21

On 23rd June 2016 the UK voted by a narrow majority to leave the European Union, thus beginning a long negotiating process that is widely expected not only to profoundly change the UK’s relations with continental Europe but also to reshape the European Union itself. The lines of this negotiation have not yet been clearly set. But this does not mean that the major institutions affected by the vote are not already developing action plans so that they can deal with the outcomes of the negotiation whatever they may be.

In this session of the London Financial Regulation Seminar we will explore the implications of Brexit for the financial sector, in the UK and in the EU27. We will look at the issues from the perspective of the major global financial intermediaries, the more specialised providers of services to the financial sector, the financial regulators, and the authorities setting public policies for the financial sector.

  • What does Brexit mean for the location of activities of the major, internationally active banks and other financial service providers?

  • How will it affect the Capital Markets Union initiative?

  • What does it mean for the future of the European Monetary Union?

  • Will London lose its crown as Europe's financial capital?

    The session will be organized as a panel discussion that then will be opened up to questions and comments from the audience. The panellists are Simeon Djankov (former Minister of Finance of Bulgaria and currently the Executive Director of the Financial Markets Group), Thomas Huertas (Partner at Ernst & Young and formerly Alternate Chair of the European Banking Authority), Jean- Pierre Landau (Sciences Po and formerly Second Deputy Governor of the Banque de France), and Stuart Lewis (Chief Risk Officer and member of the Management Board, Deutsche Bank). The chair will be Professor Ron Anderson (Financial Markets Group). The session will be conducted under the Chatham House Rule. Following the seminar there will be a reception where all participants are welcome.

    The seminar is open to all but registration is required. To register please email Liz Bunting (e.bunting@lse.ac.uk)