Much of our economy is subject to regulation, and our most pervasive regulatory regimes are EU-driven. As a consequence, it’s likely that uncertainty is going to influence corporate decisions and we expect that there will be an impact on activity while businesses take advice.
In principle little should change in the short term, and it may feel like a normal summer slowdown. Come the autumn we will be able to see if there’s been any progress in negotiations and we’ll be taking a close look at litigation in areas such as procurement and competition law. This time will also test the UK judges’ willingness to push back against European measures.
We can also expect news in the financial services industry as the EU passporting regime has been key to London’s status as a leading financial centre.
Our regulatory law experts are here to advise you on any changes, ensuring that your business is up-to-date and has a strategic plan in place to tackle any challenges.
Call us free on 0808 271 2602 or send our referendum team an email with any questions.