This Policy Contribution, based on a note written for the Bundestag EU Committee, explores the possible consequences of … a no-deal Brexit for the European Union and assesses preparations on the EU side. It also provides guidance on the … optimal strategy for the EU, depending on the choices made by the United Kingdom. Overall, a no-deal Brexit would be …

overall financial intermediation. In the EU, much of fintech is concentrated in the United Kingdom. We argue that policymakers … EU’s financial system? Getting the answers to these questions right at an early stage of market development would be an …