BREXIT DAY 2 : REGULATORY PRESSURE TO RETHINK THE BOOKING MODEL

In response to Brexit, many financial services firms have decided to go with the simplest and quickest solution, by implementing a back-to-back booking model. However, due to regulatory changes, we see a clear need for firms to reshape their booking models and come up with a refined EEA booking model strategy in the medium and long-term.

In this article, we share how businesses can prepare a strategically optimal model to give them both opportunity to engage proactively with regulators and national supervisory bodies - and plan their next move.