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 | London wants to renegotiate Brexit deal

On Wednesday 21 July, the UK reignited the post-Brexit dispute with the European Union by calling for a renegotiation of the Northern Ireland protocol. The UK government demanded that the protocol be temporarily suspended. The UK and EU “cannot go on as we are” when it comes to Northern Ireland, Britain’s Cabinet Office Minister David Frost said. This comes after the two sides had signed a post-Brexit deal one year ago, which was then presented as a victory by British...

Read more

Brexit News, Chapter News

John Bruton | Are we heading for a car crash outcome on the NI Protocol?

Previously published in the "Irish Times" | The UK’s EU negotiator and its Secretary of State for Northern Ireland published a remarkable article in the “Irish Times “ last week. They complained of what they called the “inflexible requirement to treat movement of goods( from Britain) into Northern Ireland, as if they were crossing an EU external frontier, with the full panoply of checks and controls”. It appears that they never read the Ireland/Northern Ireland Protocol which is part of the Agreement under...

Read more

Brexit News, Member News

Steptoe | The UK Competition and Markets Authority’s Vertical Agreement Proposals – Still Anchored to the EU?

The Current Regulatory Moorings Despite the UK’s final withdrawal from the EU, much of EU competition law continues to regulate commercial activity within the UK. This retained body of law includes the Vertical Agreement Block Exemption Regulation (EU 330/2010) (VABER), a "retained exemption" under UK Brexit-related legislation. VABER provides a ‘safe harbour’ (and its accompanying vertical restraints guidelines offer further shelter) from the prohibition of anti-competitive vertical or supply agreements under Article 101(1) of the Treaty on the Functioning of...

Read more

Brexit Working Group - Committee Members

Rachel Brandenburger
Senior Advisor
HOGAN LOVELLS

Maria McElhinney Headshot

Maria McElhinney
Finance Partner
A&L GOODBODY LLP

Claire O’Rourke
Senior Relationship Manager
HSBC

Vincent Power [Proxy]
Partner
A&L GOODBODY LLP

Tony Dunne
US Country Manager
BANK OF IRELAND

James Newlands
Northeast Region Trade Leader
EY

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

The Future is Europe

Steve Goewey [Proxy]
Associate Relationship Manager
HSBC