Brexit News | European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resources

29 Mar

How will Brexit play out for the UK?

Posted by EACCNY
March 29, 2017

EU Ambassador David O'Sullivan on How will Brexit play out for the UK European Ambassador to the U.S. David O’Sullivan talks to Fox Business Network anchor Liz Claman about Brexit, and how it will all play out for the United Kingdom. Click on the image below to see the interview.

Brexit – Triggering Article 50

Posted by EACCNY
March 29, 2017

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...

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

Posted by EACCNY
March 29, 2017

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...

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