Preparing An Exit Strategy
May 13, 2016
On June 23, UK voters could transform their country’s political, commercial, fiscal and social relationships with Europe and the rest of the world. They will decide whether or not to leave the European Union—the world’s largest trading bloc—which the UK has been a member of since 1973. As polls suggest a close result between the “yes” and “no” camps in June’s referendum, one assumes that both UK and non-UK businesses are already formulating contingency strategies for the possibility of the UK’s leaving the European Union (EU)—that is, for a Brexit.
Dechert Senior Director, Roger Matthews, comments in Global Finance.