The Lemon Fool

there is much in the press about UK banks closing bank accounts held here by 'expats'
the reason expats hold such accounts is understandable imo (pensions and such)

I believe UK banks see reasons to close such accounts...EU regs or something!!

but
what I dont see anywhere is what...if anything will be the situation for UK residents/citizens who hold bank accouts in the EU
with EU banks!

is there anything in the regulltions that causes changes?....and if not...why is it a 'one way' issue?

I think there are two main issues with UK banks offering accounts to eu residents.....

1. Wether the bank has a licence to operate in the individual eu countries. and
2. Wether they think it's worth continuing to offer accounts .

Surely those issues are the same for any eu banks wishing to offering accounts to UK residents.