Brexit and financial services

04/2019

Brexit will change how financial services are provided in the EU. In a hard brexit scenario, the UK will be a third country.

We look at some of the key implications to the UK leaving EU:

Absence of transitional measures that establish a special exemption for financial services providers based in the United Kingdom
Services that can continue to be provided in Portugal by financial services providers in the United Kingdom post-Brexit
Conditions for admissibility to provide most financial services in Portugal post-Brexit by financial services providers in the United Kingdom