Brexit


BrexitQuestion

U.K. plans Brexit vote in June

2019-05-15T17:08:00+01:00By

A look at possible consequences of the MP vote on Prime Minister Theresa May’s Brexit deal scheduled for early June.

RiskTop

Top 10 supply chain risks for 2019

2019-05-06T17:57:00+01:00By

Natural disasters, droughts, port disruptions, cargo theft, and industrial fires are some of the top supply-chain risks that should keep executives and chief risk officers on their toes in 2019, according to a new risk report.

postbrexit

FCA and the future of financial conduct regulation

2019-04-23T19:30:00+01:00By

Post-Brexit, FCA Chief Executive Andrew Bailey says the U.K. agency will take a “lower burden” regulatory approach than that of the European Union.

UKfinanceplan

FCA publishes its Business Plan for 2019/20

2019-04-17T19:48:00+01:00By

The U.K. Financial Conduct Authority on 17 April published its Business Plan for 2019/20, outlining its key priorities for the coming year.

clockcalendar

Brexit extended until 31 October

2019-04-11T20:08:00+01:00By

EU leaders continue to dawdle on Brexit. The U.K.’s exit from the European Union has once again been delayed—this time until Oct. 31.

brexitcalendar

MP’s Brexit motions defeated for 2nd time

2019-04-02T15:09:00+01:00By

After another failed attempt at Brexit consensus, the United Kingdom remains in turmoil. Prime Minister Theresa May will meet with her cabinet Tuesday to decide next steps.

US-UK-flagscrop

SEC, U.K. strike post-Brexit cooperation deals

2019-03-29T20:17:00+00:00By

The SEC and the United Kingdom’s Financial Conduct Authority have reaffirmed their commitment to cooperation and information sharing, even after the latter withdraws from the European Union.

Stockflag

May loses another Brexit vote; EU calls 'no-deal' split 'likely'

2019-03-29T20:14:00+00:00By

For the third time, the House of Commons has voted against British Prime Minister Theresa May’s Brexit proposal. The tight April deadline for completing a separation deal with the European Union is now looking doubtful, and a “no-deal” split more likely.

Brexitdeadlock

Brexit deadlock: Going through the motions

2019-03-28T17:01:00+00:00By

With U.K. Prime Minister Theresa May’s Brexit deal twice defeated, Members of Parliament were tasked with finding an alternative solution through a series of eight “indicative,” non-binding votes. After all eight were rejected, what happens next?

Brexitsplit

Companies walk judgment tightrope as Brexit doubts peak

2019-03-27T21:54:00+00:00By

Preparers are facing some brutal accounting judgments as they approach the end of a reporting period straddling key dates in a chaotic Brexit.

theresamay_0

May: Approve my Brexit plan, and I’ll resign

2019-03-27T21:44:00+00:00By

With a bold—but likely inevitable political gambit—U.K. Prime Minister Theresa May has made a promise to Members of Parliament: Vote for her Brexit plan, and she will resign.

Brexitnewdate

One more time: Brexit pushed back by two weeks

2019-03-22T20:46:00+00:00By

U.K. Prime Minister Theresa May has gotten yet another reprieve, with the recent decision by European leaders to delay a decision on Brexit by two weeks. This gives May another chance to get the votes needed to pass her Brexit deal.

brexitmarch21

Brextension, but only if deal approved

2019-03-21T16:32:00+00:00By

After two rejections, U.K. Prime Minister Theresa May has sent a letter to European Council President Donald Tusk to ask for an extension on Brexit.

BrexitDisclosures

U.S. regulators ponder Brexit plans, disclosure demands

2019-03-15T20:25:00+00:00By

The planned—but still chaotic—divorce of the United Kingdom from the European Union could trigger disclosure demands for U.S. companies. The SEC’s Division of Corporation Finance has some advice.

Brexitclock

U.K. votes to delay Brexit

2019-03-14T21:38:00+00:00By

The United Kingdom’s Parliament voted 412-202 Thursday to ask the European Union for a delay to Brexit in yet another defeat for beleaguered Prime Minister Theresa May.

May

Brexit: 'No-deal' option rejected; delay vote coming

2019-03-13T15:32:00+00:00By

A day after voting down Prime Minister Theresa May’s proposed Brexit deal for the second time, the U.K. Parliament voted Wednesday to reject leaving the European Union without a deal by a 321-278 margin.

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As deadline nears and ‘Brexhaustion’ sets in, still no deal in sight

2018-12-21T09:30:00+00:00By

With less than 100 days until Brexit and the sides taking a break until mid-January, it’s looking inevitable that anxious businesses will not have long-sought certainty on the issue until the clock ticks close to zero.

Fed2

New Fed risk report finds corporate debt concerns, Brexit fallout

2018-11-28T16:30:00+00:00By

On Nov. 28, the Federal Reserve’s Board of Governors released its first-ever Financial Stability Report. Among the risks: increasing levels of corporate leverage and international instability.

David Lefort

GDPR, Brexit keep compliance on its toes

2018-11-28T14:15:00+00:00By

The EU’s General Data Protection Regulation and Britain’s upcoming divorce from the European Union both have a tremendous impact on European compliance, but strategizing solutions around either one has proven to be difficult due to a lack of guidance and, in the case of Brexit, just plain chaos.

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‘No-deal’ Brexit risks U.K. and EU data transfer problems

2018-11-28T10:45:00+00:00By

In the event of a ‘no-deal’ Brexit, EU data commissioners are warning of data transfer restrictions between the European Union and the United Kingdom, which will be treated as a third country.