March 8, 2017
American International Group Inc. plans to locate an insurance company in Luxembourg to ensure continued smooth operation of its business across the European Economic Area (EEA) and Switzerland once the United Kingdom leaves the European Union. From 2019, AIG proposes …
March 8, 2017
U.K. Prime Minister Theresa May is fighting back against Brexit rebels in her ruling Conservative Party as she steps up her battle to start the formal process of pulling Britain out of the European Union. The premier fired government adviser …
March 7, 2017
If the UK leaves the European Union without being able to complete a Brexit trade deal, it could be forced into World Trade Organization tariffs – an option that is under serious consideration by the UK government. However, Paul Drechsler, …
March 3, 2017
The European Union’s market watchdog is investigating ways to stop national regulators competing unfairly with each other as they try to attract firms from Britain after Brexit in a beauty parade of financial centers. The European Securities and Markets Authority …
February 24, 2017
U.K.-regulated ship insurers are preparing plans to open new outposts in European Union jurisdictions such as Luxembourg and Cyprus, fearing that Brexit will hinder access to the EU’s financial market, industry sources involved say. Britain dominates the global marine insurance …
February 16, 2017
Prime Minister Theresa May intends to trigger Britain’s withdrawal from the European Union as close as possible to the EU summit taking place on March 9 and March 10, according to two government officials involved in Brexit planning. The latest …
February 14, 2017
British technology startups are beginning to stress out over Brexit. Initially confident their industry wouldn’t be harmed by Britain’s break from the European Union, U.K. tech entrepreneurs are now girding for a bevy of challenges. A poll of 940 startup …
February 9, 2017
Theresa May’s latest Brexit victory should leave her happy — but might ultimately come at a price. Late on Wednesday, the U.K. prime minister persuaded the House of Commons to back her original 137-word draft law to start the withdrawal …
February 7, 2017
More than half of British business leaders believe the vote to leave the European Union has had a negative impact on their companies but most firms are confident they can survive the change, according to a survey on Monday. Britain’s …
February 6, 2017
The City of London offers financial services that benefit Europe as a whole and the European Union should recognize that in a “reasonable” Brexit deal with Britain, German Finance Minister Wolfgang Schaeuble said in a newspaper interview. “We don’t want …