The significance of London’s financial cluster for mainland Europe

Tuesday, 19th June 2018 12:00 to 1:30 pm (GMT) Brussels, BE

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Event Summary

Open Europe invites you to a debate in Brussels, hosted jointly with Thomson Reuters:

The significance of London’s financial cluster for mainland Europe

Tuesday 19 June 2018
2.00 – 3.30pm (CET)

17 Avenue Marnix
1000 Brussels


Jeremy Browne
Special Representative for the City of London to the EU, former British Minister of State for Foreign Affairs

Huw Jones
Business and Finance correspondent of Reuters

Nicolas Mackel
CEO, Luxembourg for Finance

Moderated by Pieter Cleppe, head of Open Europe’s Brussels office


Ahead of the upcoming EU Council on June 28-29, where UK Prime Minister Theresa May and EU27 leaders will attempt to make progress on the Brexit issue, Open Europe and Reuters are hosting a panel in Brussels to draw attention to the importance of the City of London for financial investment in the EU27. Topics to be explored will include:

  • How crucial is London, the world’s leading financial center, really for the EU27?
  • How material could the possible loss of the UK’s financial passport be, not only for British companies, but also for their European clients?
  • Are there ways to mitigate the risks by means of mutual recognition, equivalence or other methods?
  • Is there a risk UK clearing houses would no longer be able to clear euros after Brexit? How may this affect European pension funds or industrial companies? 
  • How could mutual divergence in services regulation be managed after the UK’s exit from the EU?

The event will conclude with a drinks reception kindly offered by Reuters.

For any queries please contact:

Pieter Cleppe, Head of Open Europe Brussels Office
+32 2 540 86 25,

Places are limited and will be allocated on a first-come, first-served basis.