Future of the Capital Markets Union after Brexit

The UK’s capital markets play a central role in Europe’s financial system. Brexit now threatens to detach the EU from the UK. In this policy paper Philipp Ständer analyses the economic andpolitical implications of Brexit for Europe’s Capital Markets Union (CMU). First, the paperanalyses which capital market segments would be most affected when the UK loses access to the Single Market. Second, it compares the political support for CMU before and after the Brexit referendum. 

Philipp Ständer is Advisor at the Federals Ministry of Labour and Social Affairs, he formally worked for the Jacques Delors Centre.

Image: CC Dunk, source: flickr.com