BAL Backgrounder: Planning for a ‘No-Deal’ Brexit

18 Jan, 2019

Global Trend

On Tuesday, January 15, the British Parliament rejected the government’s Brexit plan by a vote of 432-202, creating political uncertainty just 10 weeks before the U.K.is set to withdraw from the European Union on March 29. While the Parliament continues to debate next steps and possible options—such as voting on a new withdrawal agreement, revoking its Article 50 withdrawal, seeking an extension of the withdrawal date, or holding a second referendum—the likelihood that the U.K. could leave the EU without a deal has increased significantly. Employers should continue to plan for their EU and U.K. employees in the event of a no-deal scenario.

BAL has created a backgrounder with the latest updates on no-deal Brexit contingency planning.

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