Latest Brexit News: Finextra Research

UK payment institutions warned of threat from cliff edge Brexit

The European Banking Authority has warned of the dangers to UK payment institutions in the event of a no-deal Brexit.

17 December 2018

Shambolic Brexit holds systemic risks - DTCC

The chaotic preparations for Britain's exit from the European Union has emerged as a top systemic risk concern for capital markets players surveyed by the Depository Trust and Clearing Corporation (DTCC)

12 December 2018

News/Brexit

Frankfurt claims $800bn in assets will move from London after Brexit

Between €750-800bn in assets will move from London to Frankfurt as a result of a Brexit-led exodus of banks from the UK.

29 November 2018

News/Brexit

N26 to offer Mastercard exchange rate with no mark-up in event of no deal Brexit

In an interview with Finextra, N26’s head of international markets Alex Weber reveals that in the event of a no deal Brexit, the German challenger bank will continue to offer the same Mastercard exchange rates as it currently does, despite the potential dissolution of the cross-border payment fee cap.

12 November 2018

News/Brexit

With Brexit looming, Coinbase opens Dublin office

American cryptocurrency exchange Coinbase is opening a Dublin office as it looks to gear up its European operations before the UK leaves the EU next year.

16 October 2018

News/Brexit

Revolut looks to mitigate Brexit with Lux licence

London-based digital payments company Revolut is applying for a licence in Luxembourg in order to mitigate any fallout from Brexit.

24 September 2018

News/Brexit

Ireland launches €5m fintech project amid drop in VC funding

The Irish government has continued its bid to develop the country as a European fintech hub with the launch of a five year, €5m fintech research and development project.

21 September 2018

News/Brexit

FCA warns of financial crime risks post-Brexit

FCA chair Charles Randall has warned that the UK will be unable to manage the risks of financial crime under a no-deal Brexit, emphasising the critical role played by cross-border data sharing agreements with EU member states.

11 September 2018

News/Brexit

UK's Tech Nation picks 20 fintech programme members

The UK government-backed Tech Nation has picked 20 early-stage startups to join its new fintech programme, promising to give them intensive backing to help grow their businesses and the country's financial technology ecosystem.

06 September 2018

News/Brexit

Beating the Brexit braindrain: UK visa options for international fintech talent

Despite growing reliance on global talent in the UK fintech sector, current immigration rules are proving challenging for employers, as immigration lawyer Anne Morris explains.

03 August 2018

News/Brexit

DTCC makes Brexit break to Ireland

The Depository Trust and Clearing Corporation has joined the rash of firms opening new offices in Europe to avoid the fall out from Britain's upcoming exit from the European Union.

18 July 2018

News/Brexit

TP-Icap fires boss Phizackerley as Brexit costs mount

Broker TP-Icap has fired boss John Phizackerley as it braces for a hit to profits from Brexit-related costs.

10 July 2018

News/Brexit

Oracle to locate European fintech hub in Brussels

Big tech company Oracle is to locate a new 'Fintech Innovation Programme' in Belgium, teaming up with local startup supporter B-Hive.

02 July 2018

News/Brexit

UK launches £2.5bn startup initiative

The UK government has launched a series of initiatives designed to attract more foreign fintech experts to work for UK startups and to encourage those same startups to remain in the UK rather than uproot to an EU-based neighbouring jurisdiction.

13 June 2018

News/Brexit

Live: EBAday2018, day two

Payments professionals from across Europe are gathering in Munich this week for EBAday 2018, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

13 June 2018

News/Brexit

Live: EBAday2018, day one

Payments professionals from across Europe are gathering in Munich this week for EBAday 2018, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

12 June 2018

News/Brexit

Government appoints Wales and Northern Ireland fintech envoys

Wales and Northern Ireland are getting their own financial technology envoys as part of a government effort to ensure that the UK maintains its position, post-Brexit, as Europe's top fintech dog.

17 May 2018

News/Brexit

Brexit, cyber-resilience, Open Banking to the fore at Swift London forum

The Swift Business Forum London recently took place at the city's Tobacco Dock. With a record 1,300 registrations, the key themes of the day included innovation in financial services, community collaboration, and cyber resilience. And of course, being hosted in the UK, Brexit and its potential impacts also came up in discussion

02 May 2018

News/Brexit

UK fintech sector calls on Government to tone down hostile immigration policy

With the UK's 'hostile' policy towards immigration claiming its first political casualty in the shape of Home Secretary Amber Rudd, Innovate Finance has waded into the debate warning about the threat to the fintech sector from a tightening of the rules on overseas workers.

30 April 2018

News/Brexit

Swift Business Forum London - live blog

Welcome to Finextra's live coverage of the Swift Business Forum London 2018. This event will focus on important issues affecting the financial industry, exploring how far and how fast the transformation of financial services will take place in the UK and beyond.

24 April 2018