Please join the European American Chamber of Commerce and AIG for a discussion on the financial sector regulatory challenges negotiators face in redefining Britain's relationship with Europe and implications for the “special relationship” it enjoys with the United States.
Negotiations on financial services are likely to be amongst the more contentious as the sector is critical in supporting both the UK and European economies. For the UK, the financial services sector is an integral part of the economy while for Europe, a sizeable portion of its financial services and products, capital and liquidity originate from the UK. It is therefore crucial for both sides to have a smooth transition that allows for uninterrupted access to financial services, maintains a sound and effective prudential and regulatory framework and ensures financial stability.
Panelists will explore:
• the challenges and complexities negotiators face in trying to meet these objectives;
• the degree of alignment that is likely to exist between the UK and the EU's financial regulatory regimes post-Brexit; and
• other implications associated with Brexit such as the trans-Atlantic relationship and the UK's competitiveness in financial services particularly in the areas of digitalization and fintech.
• David O'Sullivan, Ambassador of the European Union to the United States
• Antony Phillipson, British Consul General in New York and Director General of International Trade North America
• Victor Rod, Of Counsel, Arendt Medernach
• Thomas Leonardi, EVP, Government Affairs, AIG (moderator)
• Gregory J. Nowak, Partner, Pepper Hamilton LLP
5:30 PM - 6:00 PM - Check in and Networking
6:00 PM - 7:30 PM - Program
7:30 PM - 8:00 PM - Networking
EACCNY Member: Free
EACCNY Non-Member: Free