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    03.07.2016

    Banking/Finance & Capital Markets, July 2016


    Brexit advice: Doing cross-border Banking Business in Germany without EU-Passport

     

    We have been asked to provide some thoughts on the licence issues regarding cross-border banking and financial services from the UK into Germany which may arise if the UK should neither be a member state of the European Union anymore nor a member state of the European Economic Area. In particular, the cross-border regime applicable on Swiss institutions which provide services into Germany since 2015 may be relevant here.

     

    Content:

     

    1. General cross-border licence requirements
    2. Exemptions from licence requirements