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Payments & FinTech Lawyer

Brexit, passporting rights and payment service providers: options for a ‘Plan B’

Much remains uncertain when it comes to Brexit, including in regards to the UK’s final deal with the EU and passporting rights for UK payment institutions - and for those firms in remaining EU Member States passporting into the UK. It could be that the agreement struck will mean that the continuation of passporting is secured; here, Paul Graham and Nicholas Thompsell of Fieldfisher LLP discuss what Plan B might look like if the UK fails to secure a post-Brexit deal that would allow UK-based firms continued access to the European Single Market.

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