Brexit creates both challenges and opportunities for all industries and sectors. Matheson’s history of being the Irish law firm with an international focus and client base means that we are ideally positioned to help clients understand and address those challenges and avail of those opportunities. Please visit this page for up to date information, insights and guides for navigating your business through this uncertain period.
Darren Maher, Head of the Corporate Insurance Group, writes for the Intelligent Insurer Dublin and Ireland Report 2017 on UK-based insurance clients considering alternatives in order to retain their EU passporting rights and unrestricted access to the single market of the EU after the UK leaves the European Union.
It goes without saying that Brexit presents financial services firms with particular challenges. Transitional arrangements may ease the pain but will not solve the underlying problem which is the need to secure continued access to the EU/EEA single market. Equivalence arrangements may offer a viable solution for some sectors but they are vulnerable to political whim during their establishment and their maintenance.