Preparing for Brexit

November 2017  |  SPECIAL REPORT: PREPARING FOR BREXIT

Financier Worldwide Magazine

November 2017 Issue

The UK’s departure from the European Union is scheduled to take place in late March 2019. Once Brexit officially takes place, the country will be heading into uncharted waters – an unprecedented environment in which no one truly knows what to expect, be it good or bad. And, as the countdown continues, UK firms are under pressure to make adequate allowances for the challenges that Brexit presents, such as forthcoming regulatory changes. If UK firms are to manage the fallout, immediate preparations are necessary. Greater flexibility and a reassessment of operating models will be key as the true impact of Brexit becomes clearer.

The UK’s departure from the European Union is scheduled to take place in late March 2019. Once Brexit officially takes place, the country will be heading into uncharted waters – an unprecedented environment in which no one truly knows what to expect, be it good or bad. And, as the countdown continues, UK firms are under pressure to make adequate allowances for the challenges that Brexit presents, such as forthcoming regulatory changes. If UK firms are to manage the fallout, immediate preparations are necessary. Greater flexibility and a reassessment of operating models will be key as the true impact of Brexit becomes clearer.

FORUM: Impact of Brexit on international trade

FW moderates a discussion on the impact of Brexit on international trade between Matthew Townsend at Allen & Overy, Roger Matthews at Dechert, and Renato Antonini at Jones Day.

Brexit: key considerations for M&A dealmakers

Mishcon de Reya LLP Uncertainty remains as to how the UK’s likely withdrawal from the European Union (EU) will be implemented, what the UK’s future relationship with the EU will be and what will be the ultimate impact on UK law. Amid the ongoing twists and..

Intellectual property investment – the future of the UK economy and effects of Brexit

Stratagem IPM Ltd. Following the UK’s withdrawal from the European Union, it has become more important than ever to make the UK appealing to both investors and businesses. The current investments made in UK research and development in all sectors, from...

How Brexit may impact the TMT sector and IP in particular

IT Group The Brexit vote of June 2016 seems a long time ago. Brexit has not actually happened yet, of course, but we are probably safe to assume that at some point it will, although the form and extent remains uncertain. Whatever the final deal and whenever...

Brexit and dispute clauses in commercial and cross-border contracts

Walker Morris Under EU law (Regulation (EU) 1215/2012, known as Brussels Recast), the position is that the courts should recognise the parties’ election of a specific jurisdiction. If there is no election, then generally the country in which the opposing party is based...

How will Brexit affect the UK sanctions regime?

Kirkland & Ellis International LLP Over the last decade, economic sanctions have become an increasingly important tool for the UK and European Union (EU) to achieve their respective foreign policy objectives. The EU has imposed a wide array of list-based financial sanctions on...

The impact of Brexit on transfers of data by UK and European businesses

Mason Hayes & Curran One of the primary goals of the European Union and the single market is the harmonisation of national laws. The regulation and protection of personal data in the UK is mainly set out in the Data Protection Act 1998. These rules, like their Irish...

Brexit, migration and the Dublin III Regulation reform

De Berti Jacchia Franchini Forlani Among the multiple issues needing to be dealt with after the Brexit referendum of 23 June 2016, one of the most important is migration policy. Immigration was one of the main referendum campaign drivers and is still one of the most...

Disrupting legal markets: thinking carefully during Brexit

Capital Law Just like the rest of the world, the legal world is evolving. Hiring a lawyer does not have to be about them billing you as they go along, implementing the strategy they developed, without any risk to them if it does not work out. The UK’s modern...

CONTRIBUTORS

Allen & Overy

Capital Law

De Berti Jacchia Franchini Forlani

Dechert

IT Group

Jones Day

Kirkland & Ellis International LLP

Mason Hayes & Curran

Mishcon de Reya LLP

Stratagem IPM Ltd.

Walker Morris