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ARTICLE · 27 JUNE 2016

The Brexit Reality: Preparing For Change

The UK voted on June 23 to leave the European Union. What will happen next and the challenges and implications for businesses remain crucial questions that will need to be addressed.

United KingdomFinance and Banking

The UK voted on June 23 to leave the European Union ("EU"). What will happen next and the challenges and implications for businesses remain crucial questions that will need to be addressed. DMS has been following the BREXIT debate closely so whilst there will be political and economic consequences, changes to the legal and regulatory environment will be gradual.

EU Domiciled Funds

DMS considers Ireland and Luxembourg to continue to be the domiciles of choice for both managers and investors seeking pan European marketing and distribution solutions. DMS is an EU domiciled management company authorized as an Alternative Investment Fund Manager ("AIFM") and UCITS Management Company and will continue to be permitted to manage AIFMD and UCITS funds and avail of the marketing passport across the EU. DMS will continue to have substance within the EU and is well positioned for future solutions. DMS has assisted in excess of 50 managers in accessing Europe by utilizing our

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