Hard Brexit: implications for banking, payments and consumer finance products

Hogan Lovells
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To ensure the financial system continues to work effectively if there is a "hard Brexit" HM Treasury has been finalising a series of statutory instruments which will ensure there is a workable legal framework for retail banking services. The changes will take effect on exit day – at the moment that may well be 29 March 2019.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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