Financial Services Ireland

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Brexit timeline: the path from here to 2022

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It has been almost 18 months since the United  Kingdom (UK) voted to leave the European Union (EU). Having submitted the Article 50 notification of withdrawal in March 2017, the UK and EU have  two-year period to agree exit terms and establish a new, or transitional, arrangement. This document provides an overview of the key political milestones to occur over the next five years, including: key dates for the negotiation, European Council meetings, and upcoming European
and global elections.

Alongside this, the document highlights important regulatory considerations for financial institutions, which could impact firms’ Brexit programme planning. It is not an exhaustive list, but provides an outline of the intricacies that lie beyond Brexit and any transitional arrangement.

Finally, Brexit is just one indication of wider uncertainty in Europe: conflicting priorities and visions for the future in key countries will determine its direction, and businesses will need to be prepared to react to these. If you would like to speak with us about any of the topics discussed, please do not hesitate in contacting me or a member of our  Brexit team, outlined at the back of this document.

Visit our Brexit hub for more insights on the impact on financial services in Ireland and beyond.

Cormac Kelly

International Banking Consulting Lead
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