FIN.

EC calls for action with publication of no-deal Brexit checklist

The EC is urging EU businesses and citizens to consider whether they are prepared for the UK leaving the UK on ‘no-deal’ terms on 31 October, reminding them in this scenario there will be no transition period.

To assist with this assessment, the EC has published a relatively high level checklist predominantly aimed at companies doing business in the EU and/or the UK.  This covers a range of issues and aspects and is on the whole sector-neutral, although it is arguably slightly more focused on trade in goods than services.

The EC position this as a ‘living’ document that will be updated as necessary.

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Roseyna Jahangir