Brexit Working Group

Brexit Working Group

Mission & Goals

The mission of the Brexit Working Group is to educate and engage the local transatlantic business community on how the negotiations between Europe and the United Kingdom are developing and how Brexit will affect businesses across Europe and in the United States.

The working group will work with EACC Staff to plan programs about the latest developments in order to generate awareness and educate executives and transatlantic business leaders.

With the guidance of the working group, the EACCNY will inform its members and the larger business community about the United Kingdowms exit of the European Union (Brexit) and provide a platform for insights and ideas on how to address and prepare for Brexit over the course of the negotiations and beyond.

More specifically, it aims to:

  • Contribute to and participate in educational programs about Brexit related business issues.
  • Help raise the profile and visibility of the EACC and its thought-leadership on matters related to Brexit locally, nationally and internationally within the targeted business community and its larger constituency
  • Identify relevant business issues related to the UK’s exit of the European Union and how it will affect business relations between the US and the European Union
  • Inform US executives about how Brexit will change the regulatory landscape within Europe and how they in turn affect trans-Atlantic business transactions

Working Group Responsibilities

  • Meet at least quarterly as a committee to identify, plan, and implement programs and activities aligned with the EACC’s mission
  • Help identify and gain access to thought-leaders in our community to serve as speakers and panelists; Support EACC’s media and audience outreach for some of the larger events
  • Participate in annual committee leaders’ meetings and EACCNY’s strategic meeting
  • Identify prospective members within the target audience of the committee and engage them with the goal of getting them involved with the EACC
  • Engage in a regular discourse with the EACC Staff and program committee to help identify relevant topics, regulatory and legislative changes and business matters that could affect international business relations
  • Initiate a dialogue with relevant subject matter experts who can share their knowledge and present at EACC seminars

Topics we will be addressing

  • The Brexit process, its timeline and possible scenarios for a post-Brexit EU
  • Regulatory challenges negotiators will face in Europe, Britain as they redefine Britain’s relationship with Europe and the United States
  • Challenges as they relate to Labor/HR and immigration to and from the European Union and Britain as well as resulting changes to the US/Britain agreements
  • Effects on Manufacturers and their Supply Chain management
  • Trade among the European Union, Britain, and the United States
  • Licensing and Product Regulation
  • Tax, Accounting, & Legal Challenges for companies operating in Britain and the Continent
  • The Future of the British Banking & Financial Services
  • Mergers & Acquisitions among American, British, and EU companies operating in all three jurisdictions
  • Mutual standards recognition agreements/certification agreements among the three jurisdictions (the divergence of UK law as Europe develops other trade relationships)

This list will be amended as negotiations are carried out and adjusted based on new developments

BREXIT NEWS

Brexit News, Member News

Vulcan Insight | COVID-19 breaches the Brexit Negotiation bubble at the last minute

With just under six weeks until the end of the transition period, the EU-UK negotiations on the future relationship hit a familiar roadblock, as the coronavirus breached the carefully sealed bubble of negotiators.   Since the very public fallout between the parties in October, talks had, as promised by Commission President von der Leyen, been significantly intensified with in-person negotiations taking place almost daily since 22 October. In fact, considering that both chief negotiators had been very light-lipped recently, some commentators...

Read more

Brexit News, Member News

Vulcan Insight | Brexit talks “not a trajectory to a deal,” despite restarting

Following ten days of intensified talks on the EU-UK post-Brexit future relationship following their public fall-out a few weeks ago, Michel Barnier painted a gloomy picture of the current state play. While not yet speaking publicly about the developments of his talks with David Frost in the past week, the EU’s Chief Brexit negotiator this week updated EU ambassadors as well as the European Parliament’s Brexit Coordination Group on the state of play. In his only public comments since the...

Read more

Brexit News, Member News

Vulcan Insight | Progress, but critical issues remain in Brexit Negotiations

In her most optimistic comments yet on the ongoing post-Brexit future relationship negotiations, European Commission President Ursula von der Leyen acknowledged that negotiations had intensified since last week’s very public falling out and that they were making “good progress”. However, speaking to press following a videoconference with Canadian Prime Minister Justin Trudeau, she conceded that more progress was needed on the two remaining critical issues of the level playing field and fisheries. While she did not specifically mention governance, an agreement...

Read more

Brexit Working Group - Committee Members

Tony Dunne
US Country Manager
BANK OF IRELAND

Rachel Brandenburger
Senior Advisor
HOGAN LOVELLS

Clair L Smith
SR Business Development Manager
HSBC

The Future is Europe

Steve Goewey
Associate Relationship Manager
HSBC

Peter Walker
Partner
A&L GOODBODY

Maria McElhinney Headshot

Maria McElhinney
Finance Partner
A&L GOODBODY

Anthony Zobl
Director, Int’l. Regulatory & Government Affairs
AIG