Last Monday night 8 April 2019, also the Commons approved the bill forcing the premier Theresa May to delay Brexit beyond the next 12 April, date when the hard Brexit should be triggered.
Looking forward to the forthcoming political developments, although at the moment the hard Brexit seems unlikely, given the importance of derivatives with UK counterparties also in relation to financing agreements governed by Italian law, we deem appropriate to analyse the emergency instruments adopted by the EU and by the national authority concerning derivatives in a hard Brexit scenario.
Read here the new Alert by Davide Valli and Luca Liberti!