The decision as to which model will be adopted by the UK and the EU post-Brexit will determine how the medical devices sector is truly affected. Initially, it seemed likely that the UK would remain within the European Economic Area (EEA), and the effects would likely to have been minimal
For anyone working in the financial services industry one of the main consequences of Brexit is passporting. That this was so rarely referred to during the referendum debate is unfortunate, as the potential loss of passporting rights for UK banks and financial institutions represents one of the biggest potential fallouts
It appears from Theresa May’s recent announcement that the UK will trigger Article 50 of the Treaty on the Functioning of the European Union (TFEU) by March 2017. The speculation from commentators now suggests that it is going to be a “hard Brexit”.
It appears that Brexit has taken the UK political elite by surprise and that the Leave campaign does not have a single unified plan for leaving Europe, so the ramifications of Brexit are likely to be uncertain until at least until 2017 according to UK Prime Minister May. However, there are unlikely to
Amongst the many uncertainties thrown up by the Brexit vote on 23 June 2016, is the impact of the UK leaving the EU on the regulatory regime governing the granting of marketing authorisation (“MA”) applications for medicinal products, as well as, the implications for the CE marking system for medical
As the debate widens and the complexity of the challenges of Brexit emerges, it is becoming increasingly difficult to simplify the issues at the centre of the discussion. Much is being written and The Financial Times this week (w/c 19 September) had some interesting articles.
Even though some time will pass before the UK will leave the European Union (“EU”) and it is not certain which model will be implemented post secession, there will clearly be quite some changes. This holds true from a tax perspective too. Especially for Indirect Taxes where VAT and customs
An EEA residence card proves your enduring right to reside in the UK. When the UK formally departs from the EU, the continuing rights of EEA nationals residing in the UK is, at this stage, unclear. Many EEA citizens are making permanent residence applications now in anticipation that this proof
On 23 June 2016, the UK public voted to leave the EU. Under Article 50 of the Lisbon Treaty, the EU Treaties shall cease to apply to the UK: from the date of entry into force of the withdrawal agreement that the UK negotiates with the Union, acting through the