Page 16 - LiveLabs: The Future of Financial Services

FOR THE C-SUITE AND SENIOR LEADERSHIP
INTERNATIONAL ECONOMIC TRENDS:
Dive into the implications of political and economic trends
"In June 2016, UK citizens voted to leave the European Union. Article 50 of the Lisbon Treaty, the clause that sets out how a member may withdraw from the EU, allows up to two years of negotiations once a departing state of cially noti es the European Council of its intentions. At this time, the UK hasn’t of cially invoked the article, though the prime minister has indicated an early 2017 time frame. What should US nancial institutions do now to prepare for various possible exit scenarios?" 1
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