Brexit opens Pandora's Box of Legal Issues for International Companies

Brexit opens Legal Issues for International Companies

For many businesses in the United Kingdom and across the world, the most pressing question these days is exactly how the UK’s pending exit from the EU (known as “Brexit”) will affect the cross-border movement of people, goods, capital and data and the provision of cross-border services.

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Brexit opens Legal Issues for International Companies

For many businesses in the United Kingdom and across the world, the most pressing question these days is exactly how the UK’s pending exit from the EU (known as “Brexit”) will affect the cross-border movement of people, goods, capital and data and the provision of cross-border services. But before we get any answers, we will suffer an extended period of uncertainty as the EU and the UK work out the Brexit’s terms. In the meantime, in-house legal teams face the enormous task of interpreting and advising on the best responses to the terms on which the UK withdraws from the EU and new UK legislation and rules as they are developed — and the stakes have rarely been higher. 

© 2017 KPMG, an Ireland partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved.

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