On 7 April, the Bank of England gave financial firms a hard deadline of 14 July for submitting their contingency plans for Brexit, which passed last Friday.

These plans were required to contemplate a variety of scenarios including the prospect of a “hard Brexit”, which as the UK and EU governments continue along the path of tough Brexit negotiations, probably makes the Banks wish they possessed a crystal ball…

For more information please see our previous blog here.

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Photo of Chloë Clift Chloë Clift

Chloë is a second year Trainee Solicitor in the Structured Finance Group.  She joined the firm in February 2016.

During her training so far she has completed seats in the London Real Estate Group, undertaking both transactional and litigious work, and a six-month secondment to the Athens Office working in the Shipping Group.