After much debate, discussion and wringing of hands, U.K. Prime Minister Theresa May pushed the Brexit button on Wednesday, March 29, and handed the Article 50 letter to European Council president Donald Tusk to start the long and thorny two-year negotiation process. While both sides were trying to strike a conciliatory tone, as with most… Read More >>
European Elections Could Decide the E.U.’s Fate
As the U.K. is poised this week to press the Article 50 button to trigger the Brexit negotiations, the Dutch are gearing up for elections on March 15. All eyes will be on the far right parties that have garnered hope from the U.K. and U.S. election results last year. But opponents of right-wing, anti-E.U…. Read More >>
Bill Provides Next Rocky Chapter for Brexit
In the latest chapter of the Brexit epic saga, the U.K. government has published a succinct, 137-word bill that will allow England to trigger Article 50. The brevity of the bill along with the five-day window to debate it has sparked angry protests from opposition parties claiming there is not enough time to debate and… Read More >>
U.K. Fund Managers Brace for Rollercoaster Year
While 2016 was full of ups and downs for the fund management industry in the U.K., this year will be equally as challenging, according to EY’s wealth and asset management industry outlook for 2017. Firms will not only have to contend with the uncertainties of Brexit but also the continuing roll call of regulation and… Read More >>
U.K. Prime Minister Sets Hard Deadline for Brexit
After much speculation, U.K. Prime Minister Theresa May finally drew a line in the sand announcing that Article 50 would be invoked before the end of March 2017. While Brexiteers cheered that a deadline was set, moderates and remain voters were dismayed as the British pound hit a new three-month low on Monday, Oct. 3,… Read More >>
