Last June, in a UK Government official referendum, the people of the UK voted by a margin of 52% to 48% to leave the European Union. The UK Prime Minister, Rt Hon Theresa May MP, has made it clear the UK Government intends to respect this vote – and has set March 2017 as the deadline for formally initiating the two-year process of leaving the European Union by notifying the EU authorities under the terms of Article 50 of the Treaty on European Union.
At this stage – prior to the triggering of Article 50 – there is no formal ‘Brexit’ process in place, and formal (or even informal) negotiations have yet to begin, although both sides are preparing their positions. The outcome of the UK referendum has consequently created considerable commercial uncertainty.
As companies prepare for possible future scenarios, Fipra, with offices in Brussels, in London and in every Member State of the European Union, is in a unique position to help work out what the likely scenarios will be.
The head of our Brexit Team, Lucinda Creighton, ran the last Irish EU Presidency, and was until recently Minister for European Affairs in Ireland. At Fipra, Lucinda is closely assisted by a team of EU experts, including former senior members of the European Commission and European Parliament, as well as political intelligence and analysis gathered from our network of offices and professional political advisers present in every EU Member State.