Euroclear UK & Ireland Limited’s New Post-Brexit Market Solution

Travers Smith advised Euroclear UK & Ireland Limited on a new post-Brexit market solution for euro settlement.

This hugely innovative and systemically important project had to be delivered to an unprecedentedly tight timeframe, due to EUI’s existing access to TARGET2 via the European Central Bank terminating at the end of Q1 2021.  

The Travers Smith team was led by Senior Counsel Natalie Lewis and Partner Phil Bartram (Picture), with support from Associates Matt Humphreys and Felix Bayne, as well as Senior Consultant Mark Evans.

Involved fees earner: Phil Bartram – Travers Smith; Felix Bayne – Travers Smith; Matt Humphreys – Travers Smith; Natalie Lewis – Travers Smith;

Law Firms: Travers Smith;

Clients: Euroclear Bank;

Author: Federica Tiefenthaler