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ARTICLE · 04 JULY 2016

Brexit: impact of UK decision

The leave process could take two years but there will be significant consequences and planning should start immediately.

AustraliaInternational Law

The United Kingdom has voted to leave the European Union. This does not take effect immediately as Article 50 of the Treaty on European Union will need to be formally triggered by the UK Government for withdrawal to commence.

The process is likely to take two years or more but there will be significant consequences for many businesses and planning should start immediately to identify the risks and opportunities that the UK's exit from the EU may bring.

We have established a team of lawyers with specific industry and EU law and regulation expertise who are available to support you in assessing the likely impact of the UK's decision on your business and planning how to address these challenges. For support, please speak to your usual Norton Rose Fulbright contact or one of our Brexit team.

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