Brexit

Brexit

The United Kingdom has voted to leave the European Union. The UK and EU will now enter into negotiations to form a new relationship. Pursuant to Article 50 of the EU Treaty, the UK should notify the European Council, and then the UK and the EU should negotiate a withdrawal agreement. If, two years from the date of notification, the withdrawal agreement has not come into force, the EU Treaty and all associated regulations will cease to apply to the UK. The same goes for a number of trade agreements which were negotiated and concluded by the EU on behalf of its member states.


Stibbe Brexit Team

Brexit brings legal uncertainty. Consequences will vary depending on the markets  involved and area of law. Stibbe's Brexit team is available to advise you on all legal, regulatory and tax implications of Brexit on your business. Please get in touch with either your usual Stibbe contact or our Stibbe Brexit team for advice.

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Related news

30.03.2017 EU law
News on the Brexit

Inside Stibbe - On 29th March 2017, the United Kingdom has triggered Article 50 of the Lisbon Treaty, thus making the UK’s withdrawal from the European Union official nine months after the referendum and starting the maximum two-year countdown of the exit process. While UK-EU trade relations will have to be redefined and some legislation ought to be reviewed, the consequences that the Brexit has for our very integrated jurisdiction and enforcement framework remain uncertain.

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18.11.2016 EU law
De belofte van de Brexit voor de bankiersbonus

Articles - Wat is de belofte van de Brexit voor de bankiersbonus? Als er een terrein is dat in de afgelopen jaren tot vervreemding van het Verenigd Koninkrijk van continentaal Europa heeft geleid, dan is het wel het Europese financieel toezicht op beloningen, en meer in het bijzonder het bonusplafond. Astrid Helstone licht toe.

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04.07.2016 BE law
The impact of Brexit on the pharmaceutical industry

Trends - Following the Brexit referendum, the UK should, in principle, notify its decision in the coming months to withdraw from the EU as provided by Article 50 of the Treaty on the European Union. According to Article 50, the Treaties will cease to apply to the UK from the date of entry into force of the withdrawal agreement or, failing that, two years after the notification—unless the European Council, in agreement with the UK, decides to extend this period unanimously.

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15.11.2016 NL law
Mogelijke milieurechtelijke gevolgen voor het bedrijfsleven door de Brexit

Articles - Afval als aandachtspunt en gevolgen level playing field grote industrie De Brexit heeft mogelijk gevolgen voor het milieurecht. Te denken valt aan de regulering van afvaltransport en het gelijke speelveld voor grote industriële installaties. Anna Collignon en Anne Vos, advocaten omgevingsrecht bij Stibbe Amsterdam, bespreken de mogelijke impact op het bedrijfsleven.

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24.06.2016 BE law
UK’s referendum — its implication on the Unitary Patent System

Trends - Yesterday, on 23rd June 2016, the United Kingdom has decided, through a public referendum, to leave the European Union.  Aside from the many other consequences of this vote, the decision also has a direct impact on the Unitary Patent/Unified Patent Court system because this new system is not open for participation of a non-EU member state.

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31.05.2016 NL law
Stibbe: Brexit – ook een fiscale scheiding

Articles - De Britten stemmen op 23 juni over een Brexit – een uittreding van het Verenigd Koninkrijk uit de Europese Unie. Een dergelijke scheiding heeft ook fiscale gevolgen. Kunnen de Britten gaan cherry picken of trekken ze aan het kortste eind? Tijd om de balans op te maken van enkele potentiële fiscale gevolgen van een Brits 'nee' tegen de EU.

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