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

Press statement by Vice-President Maroš Šefčovič following the second meeting of the EU-UK Joint Committee

Good afternoon everyone! I am happy to report back to you today after our second meeting of the Joint Committee on the implementation and application of the Withdrawal Agreement. On the EU's side, I was joined by Michel Barnier, the European Commission's Chief Negotiator, as well as 15 Member States representatives And I would like to thank sincerely Michael Gove and his team for their constructive attitude today. I have to underline that the meeting took place in a very...

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Brexit News

Addendum to the Terms of Reference on the UK-EU Future Relationship Negotiations

In line with the Terms of Reference agreed on 28 February by the United Kingdom and the European Commission, and taking into account the current state of the negotiations after four rounds, the following forward process is established, in order to  intensify the talks and to create the most conducive conditions for concluding and ratifying a deal before the end of 2020: Negotiating rounds will take place in July, August and in September, unless agreed otherwise between the Subject...

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Brexit News, Chapter News

Speech by President von der Leyen about negotiations for a new partnership with the United Kingdom

June 17, 2020 | Speech by President von der Leyen at the European Parliament Plenary on the preparations for the European Council of 19 June 2020, and the negotiations for a new partnership with the United Kingdom "Check against delivery" Mr President, Honourable Members, The negotiations with the United Kingdom always promised to be difficult. And they have not disappointed. Two days ago, President Sassoli, President Michel and I discussed the way forward with Prime Minister Johnson. The Prime Minister confirmed that...

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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