EBF statement on UK parliament’s Brexit vote

EBF PRESS RELEASE

EBF statement on UK parliament’s Brexit vote

BRUSSELS, 16 January 2019 – Following Tuesday’s vote in the UK Parliament on the Brexit deal agreed in November between the European Union and the UK government, Wim Mijs, Chief Executive Officer of the European Banking Federation, said:

“We deeply regret that the United Kingdom is not able to provide clarity on its Brexit course. Courageous leadership decisions now are essential. It is still not too late to avoid a hard Brexit cliff-edge, but the clock is ticking fast. We hope that the UK will find a way forward, and it’s vital that policymakers and regulators across the EU and UK manage the risks from a no-deal exit.  In the meantime, banks across Europe are well prepared and continue to implement their Brexit contingency plans.”

Media contact:

Raymond Frenken, Head of Communications

r.frenken@ebf.eu +32 496 52 59 47

About the EBF:

The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from 45 countries. The EBF is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere. Website: www.ebf.eu Twitter: @EBFeu