EACCNY Brexit Musings
For this initiative, the European American Chamber of Commerce (EACC) in New York asked members from across various industries to ‘muse’ about how real-life business issues would be affected by the then imminent exit of the United Kingdom from the European Union.
The idea for the “Brexit Musing” was to mentally play through different scenarios – a comprehensive deal, or a crash out at the end of 2020 – on a few select business issues that will be affected by Brexit, and to outline the consequences each possible outcome could have.
We hope you will enjoy what our members have put together for the EACCNY Brexit Musings!
Brexit Musing #23: Last Word with John Bruton, Former Irish PM & EU Ambassador to the U.S.
This final “Brexit Musing” episode features John Bruton, the former Irish Prime Minister (Taoiseach) and former EU Ambassador to the United States who will share his wisdom on what Brexit means and his thoughts moving forward with regard to not only the UK and EU, but also the U.S.
Brexit Musing #22: Impact on Taxes under the Biden Administration with PwC
This “Brexit Musing” episode features PwC’s Mary Shelton Rose, Partner, Regional Vice Chair and US Brexit Response leader and Mark Prater, Managing Director, Tax Policy Service Group within the National Tax Services group as they “muse” about the potential impacts of a deal or no-deal within a Biden Administration.
Brexit Musing #21: A Closer Look at Compliance, Merger Control & State Aid with A&L Goodbody
This “Brexit Musing” episode features Dr. Vincent Power, Partner in EU, Competition & Procurement at A&L GOODBODY and based in Dublin, Ireland. Vincent’s recording focuses on what businesses from both sides of the Atlantic should be aware of Post-Brexit with regard to Compliance, Merger Control and State Aid.
Brexit Musing #20: Cyber & Privacy with Orrick
This “Brexit Musing” features Keily Blair and James Lloyd, who are both Partners in ORRICK HERRINGTON & SUTCLIFF’s Cyber and Privacy group in London. They will dive into the potential effects of Brexit on companies responding to cyber attacks and the impact on regulatory enforcement off the back of such incidents.
Brexit Musing #19: Supply Chain, Trade & Customs with Middleton Shrull & Bock and CLA
This “Brexit Musing” episode features Matthew Bock, Partner at MIDDLETON SHRULL & BOCK, LLC and Amy Moore, Principal at CLIFTONLARSONALLEN (CLA) as they ‘muse’ about the possibilities of a deal or no-deal Brexit and its impact on your customs and trade experience, as well as your supply chain. Additionally, they suggest mitigation plans and how your business can best prepare for the coming of the new year Post-Brexit.
Brexit Musing #18: A Tax Round-Table with RSM
In this “Brexit Musing,” tax experts from RSM integrate corporate, employment and customs tax specialists from both the US and UK. The discussion will cover the latest position in the UK-EU negotiations ahead of the December 31 deadline and explore some of the potential tax-related implications and thoughts from the panel. This Brexit Musing will be of interest to organisations operating, investing and trading pan US-EU-UK and should give topical food for thought from the team at RSM.
- Simon Hart is the Lead International Partner, RSM UK
- Chris Gore is an Expatriate Tax Director, RSM UK
- Dan Robertson is Corporate Tax Partner, RSM UK
- Mark Strimber, International Tax Principal, RSM US
Brexit Musing #17: How will UK & EU Competition Law Interact & Develop? A Conversation with Steptoe
In this “Brexit Musing” episode, Paul Hughes, Of Counsel, and Damon Kalt, Partner, from STEPTOE & JOHNSON discuss the effects of Brexit on UK & EU Competition law. They begin with an overview of the current reach of EU Competition Law. This is then followed by a discussion on how Brexit could cause a potential EU-UK divergence within the Competition Law arena due to changes in: enforcement, civil suits, merger controls and more, Post-Brexit.
Brexit Musing #16: Understanding the Geopolitical Landscape with ING
In this “Brexit Musing” episode, James Knightley, Chief International Economist and James Smith, Developed Markets Economist, both from ING, provide an overview of what Brexit means for businesses in the United States, Europe and the UK. Their discussion will touch on Brexit and President-Elect Biden and how US-UK relations will develop after the end of the transition period on December 31, 2020.
Brexit Musing #15: Data Transfers, Privacy, Protection & GDPR with Portolano
In this “Brexit Musing” episode, Giulio Novellini, Counsel from PORTOLANO CAVALLO discusses the possible implications Brexit has on the data transfer, privacy and protection sphere in Europe, the UK, and also the farther-reaching United States. While GDPR will continue to apply in the UK, Giulio will also underline the key aspects for UK and US companies with regard to data privacy & transfers.
Brexit Musing #14: The future of FinTech with Loyens & Loeff and NFIA
In this episode of the “EACCNY Brexit Musings” series, Daniel Klein Velderman, head of NFIA in NY, and Martijn Schoonewille, Partner & Attorney at LOYENS & LOEFF, discuss the challenges, but also the opportunities that Brexit brings to the table for FinTech parties while highlighting changes which may also benefit and impact US firms.
Brexit Musing #13: Dissecting negotiations in the backdrop of the U.S. elections with FTI Consulting
In this episode of the “EACCNY Brexit Musings”, we will hear from Alex Deane, Senior Managing Director & Head of UK Public Affairs at FTI CONSULTING and Dr. Erica Elliott Richardson, Managing Director in the FTI CONSULTING US Public Affairs practice. Their discussion will begin with a deep dive into where negotiations have currently got to and what this means for expectations for 3rd party deals and for others. Alex and Erica will then muse on the ramifications that the US Elections have on Brexit relations and what the outcome means for both the UK and the EU. Who are the winners and losers? Which sectors will benefit the most? What does this mean for UK/US trade relations? Listen to the podcast to find out more.
Brexit Musing #12: Exploring Export Controls & Sanctions with FTI Consulting
In this “Brexit Musing,” we will hear from Ollie Welch of FTI CONSULTING’s Public Affairs Practice along with Jim Huish who heads up the EMEA Export Controls and Sanctions Practice both based in London. Ollie and Jim will walk us through the impact of Brexit on the Export Controls and Sanctions arena in relation to industry, measures already taken and some of the practical implications that are fast becoming focus areas in the build up to the end of the year.
Brexit Musing #11: Immigration and Mobility of UK & US Nationals with Faegre Drinker
As an extension to Episode 9 of our “Brexit Musings” series, Claire Nilson and Sari Long from FAEGRE DRINKER will discuss immigration/mobility from the other side of the pond. They will muse about immigration from the US and UK perspective and what you and your business should think about in the run-up to Brexit.
Brexit Musing #10: A Look at Commercial Pricing with EY
In this “Brexit Musing” Episode, we will hear from Euan Holms and Sally Jones from ERNST & YOUNG. In Sally’s discussion with Euan, who is EY’s expert on commercial pricing in the EMEIA region, they will provide an in-depth overview on how you and your business should manage and mitigate cost changes come the end of the transition period on December 31.
Brexit Musing #9: Immigration and Mobility of UK & EU Nationals with Osborne Clarke
In this “Brexit Musings” episode, Gavin Jones and Vinciane Rysselink from Osborne Clarke – the international law firm, discuss Brexit and how that impacts UK/EU nationals and US firms with UK/EU offices. Focusing on immigration/mobility, they discuss what can and should UK/EU nationals do now to secure their residence – and why that is important. They look at what the practical impact of Brexit means to servicing clients across the region and also what should employees/employers be looking to prepare for in the months to come.
Brexit Musing #8: The Impact on Blockchain and Digital Currencies with TAXMAP
In this “Brexit Musing” episode,F. Elusio Zafar Alcalde, CEO & Founder of TAXMAP Inc., will discuss the impact of Brexit on Blockchain and Digital Currencies.
Brexit Musing #7: The issue of financial equivalence with the CEO of Galileo Global Advisors
In this episode of the “EACCNY Brexit Musings”, Isabel Verkes interviews Georges Ugeux, as he gives his views on what to expect from the financial sector post-Brexit. Georges is Chairman and CEO of GALILEO GLOBAL ADVISORS and adjunct professor at COLUMBIA LAW SCHOOL. Isabel is a research associate at the same firm.
Brexit Musing #6: Time to get real – a Brexit practical guide with EY
In this episode of the “EACCNY Brexit Musings”, Sally Jones, the UK Brexit and Trade Strategy Lead at ERNST & YOUNG, will take you through the ten key Brexit domains (goods and customs; supply chain; trade in services; talent; IT systems; legal; regulatory; commercial; Ireland; and tax and finance) and set out some of the operational actions every business that trades in or with the UK needs to take. She is joined by her colleague, Adam Fraser, the Business Development leader for EY’s Brexit team in the UK.
Brexit Musing #5: Foreign Exchange and more with Bannockburn and Bloomberg
In this episode of the “EACCNY Brexit Musings”, we will hear from Marc Chandler, Managing Director & Chief Markets Strategist at BANNOCKBURN GLOBAL FOREX and Kathleen Hays, Global Economics and Policy Editor for BLOOMBERG TV & RADIO. Their discussion will focus on the far-reaching implications of Brexit on the sterling and Foreign Exchange Market. Starting with a chat on the near-term disruption of Brexit on January 1, Marc and Kathleen will then “muse” about what it may look like five years or so down the road. Does the independence from the EU cost it to lose Scotland? Northern Ireland? Does sterling become more of less important of a global currency? Is its per capita GDP going be rising faster or slower? Will a new financial center(s) on the Continent erode London’s status. In a world that is dominated by the size of few large economies, the US, China, the EU, Japan, India, what is the role of the UK?
Brexit Musing #4: The Northern Irish Protocol with Lucinda Creighton at Vulcan Consulting
This episode of the “EACCNY Brexit Musings” series explores the impact of the Northern Irish Protocol on the Withdrawal Agreement and delves deeper into the various outcomes and consequences of Brexit. Our speaker today is Lucinda Creighton, CEO of VULCAN CONSULTING, who is also a former Irish Minister for European Affairs, and Member of the Irish Parliament; who is accompanied by her colleague, Scott McCulloch in a Q&A discussion.
Brexit Musing #3: Studying your Financial Supply Chain with EEE Corporate Group
This episode of the EACCNY Brexit Musings features Nemanja Eckert, Chief Risk Advisor for EEE CORPORATE GROUP LLC; and a discussion on the need for proper preparation to your physical and, more importantly, your financial supply chains with Brexit.
Brexit Musing #2: The Republic of Ireland & Brexit
In this episode of the EACCNY Brexit Musings series, it is clear that planning for the future requires analysis of the present, however a plan without resources and execution is just an hallucination. Hear from Ciaran Madden, Ireland’s Consul General in NY, and Sean Davis, the Regional Director for Enterprise Ireland North America on the work taking place across the Irish political and commercial ecosystems executing plans to prepare for whatever scenario Brexit may bring.
Brexit Musing #1: Discussing VAT with Andersen Tax
In this episode of our “Brexit Musings” Series, we discussed the impact of Brexit on value-added tax (VAT) with our members from Andersen Tax: Benno Tamminga and Sarah Shears. They will explore how to navigate the UK since the UK will be leaving the EU Single Market and Customs Union, and the new customs border between the UK and EU starting January 1, 2021. Benno and Sarah will discuss the impact of Brexit on VAT within the context of US businesses, what immediate action should be taken and other issues for consideration.