Multi-year structural transformation for a €45B European financial services group establishing EU operations following UK withdrawal from the single market.
European financial services group with €45B in assets under management, operating banking, asset management, and insurance operations across multiple EU member states.
32-month engagement from strategic planning through full implementation and operational stabilization.
Following the UK's withdrawal from the EU, the client required comprehensive restructuring to maintain market access across EU member states. The existing UK-based structure could no longer leverage passporting rights, necessitating establishment of substantive EU operations.
The transformation involved complex regulatory coordination across multiple supervisory authorities, capital reallocation across jurisdictions, operational migration, and governance redesign—all while maintaining business continuity and client service levels.
Comprehensive review of jurisdictional options, regulatory requirements, and operational models. Selected Luxembourg as holding company domicile with subsidiary network across key EU markets.
Coordinated engagement with ECB SSM, Luxembourg CSSF, and national regulators across subsidiary jurisdictions. Managed licensing applications, substance demonstrations, and supervisory approvals.
Phased entity establishment, capital transfers, operational migration, and staff relocation. Coordinated legal, tax, operational, and technology workstreams across multiple jurisdictions.
Designed board structures, management committees, and decision-making frameworks for new EU holding company and subsidiary network, ensuring supervisory compliance and operational effectiveness.
Assets successfully migrated to EU structure
New EU entities established across member states
EU market access maintained without disruption
Staff relocated to new EU operations
"The restructuring enabled continued EU operations with full regulatory compliance while optimizing the group's institutional architecture for the post-Brexit environment. The new structure provides strategic flexibility for future growth across EU markets."
Our advisory team can provide institutional perspectives on cross-border restructuring and regulatory navigation.
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