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Durham Research Online
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Banking Union and Brexit : the challenge of geography.

Schammo, P. (2019) 'Banking Union and Brexit : the challenge of geography.', in The European Banking Union and the role of law. Cheltenham, Glos: Edward Elgar, pp. 87-107. Elgar financial law series.

Abstract

At the heart of the discussions on Brexit are issues about the future balance between the mobility and place-dependency of cross-border flows and networks. This chapter examines this issue against the background of the internal market and the Banking Union. It will be shown that both in an internal market context and in a Banking Union context, improvements in crossborder mobility are enabled, supported and controlled by processes of state-EU ‘rescaling’. However, the UK is committed to retreat from the EU level, including from internal market membership. At the time of writing, there is significant uncertainty about what (if anything) will substitute for mobility-enhancing arrangements and for traditional state-EU rescaling that has gone hand in hand with improvements in cross-border mobility. This chapter will discuss developments up until July 2018.

Item Type:Book chapter
Full text:Publisher-imposed embargo
(AM) Accepted Manuscript
File format - PDF (Copyright agreement prohibits open access to the full-text)
(403Kb)
Status:Peer-reviewed
Publisher Web site:https://www.e-elgar.com/shop/the-european-banking-union-and-the-role-of-law
Date accepted:04 December 2018
Date deposited:07 December 2018
Date of first online publication:April 2019
Date first made open access:No date available

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