07 Feb Brexit – now what?

Since the end of March it has become official: Brexit is going to happen. London has issued its announcement on withdrawal from the EU and thus the negotiations on the “divorce settlement” have been set in motion. This step has caused uncertainty for European companies but also for private individuals and raises many questions some of which, as matters currently stand, cannot be answered conclusively. However, it is certain that at the time of commencement of withdrawal negotiations the legal framework remains unchanged at least initially. If no agreement is reached within the two-year period, Britain will automatically exit from the EU although an extension of the deadline is possible.  In the following article, Carol Haßelmans, a Director of Moore Rhein-Ruhr and MGK Partner, presents an overview of areas in which changes may occur and areas where it is safe to wait and see for now, but also issues in relation to which action should be taken well before the end of the two-year period.

We hope the article makes for interesting reading!  (Only available in German)