"Now's the time to be ramping up your effort" to obtain exclusions, said Jason Waite, a partner at Alston & Bird who leads the firm's international trade and regulatory group in Washington, D.C. But he warned that there are "still a lot of unknowns."
The current de-risking trend has pushed many corporates in developing countries out of the traditional banking system. New technologies may bring them back.
EU watchdogs step up to reassure markets, reversing course from prior position that responsibility for navigating Brexit would fall entirely on corporate shoulders.