Brexit News

Brexit News, Chapter News

Statement by the European Council (Art. 50) on the UK notification

Today, the European Council received a letter from the British Prime Minister, Theresa May, notifying the United Kingdom’s intention to leave the European Union. This notification follows the referendum of 23 June 2016 and starts the withdrawal process under Article 50 of the Treaty. We regret that the United Kingdom will leave the European Union, but we are ready for the process that we now will have to follow. For the European Union, the first step will now be the...

Read more

Brexit News, Member News

Brexit – Triggering Article 50

The UK Prime Minister will, under Article 50 of the Treaty on European Union, notify the European Council of the UK's intention to leave the EU. A Member State leaving the EU is unprecedented. However, at one level, nothing changes legally upon the triggering of Article 50. The UK is still bound by EU law, so legally it is “business as usual”. In reality, the hard negotiations start now. This update addresses some of the key questions facing businesses today – What is...

Read more

Brexit News, Chapter News

Brexit Begins: Article 50 of the Treaty on European Union – Q & A

Article 50 of the Treaty on European Union – Q&A What is Article 50? Article 50 of the Treaty on European Union sets out the procedure for a Member State to withdraw from the European Union, if it should wish to do so. It was first introduced by the Lisbon Treaty in 2007. How does a Member State trigger Article 50? A Member State must notify the European Council of its intention to leave. There are no particular requirements regarding the form. What happens...

Read more