Brexit: The Economic and Financial

Risks – What’s Next and Implications

for the Financial Sector
Paul Moran Sheehan
Director
Centre of European Union Studies

Global Association of Risk Professionals

April 2019
The views expressed in the following material are the
author’s and do not necessarily represent the views of
the Global Association of Risk Professionals (GARP), its
Membership or its Management.

© 2016 Global Association of Risk Professionals. All rights reserved. (12.15.16)

Brandenburg Gate
Rotterdam, 1940
Verona 1945
London 1940
1946 Zurich
1946 Zurich
1947 India
1952 European Coal and Steel
1956 Suez Crisis
 1957 Treaty of Rome

‘Determined to establish the

foundations of an ever closer
union among the peoples of
Europe'
1962 Dean Acheson

On the 5ft of December 1962,

Dean Acheson, the US Secretary of
State, declared that
‘Great Britain had lost an Empire but
not yet found a role’
1960s
1970s
1976
1979 - 1990
1990 - 1997

Maastricht Treaty Exceptions

No Euro
No Schengen
No Social Chapter
1997 - 2007
2010 - 2016

No Membership of EEP Party

No Free Movement
No Fiscal Pact

EU Referendum
Brexit costs UK £600m per week,
says Goldman study
Creating a culture of risk awareness®
About GARP | The Global Association of Risk Professionals (GARP) is the leading globally recognized association
dedicated to the education and certification of risk professionals, connecting members in more than 190
countries and territories. GARP’s mission is to elevate the practice of risk management at all levels, setting the
industry standard through education, training, media, and events.

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