Brexit: implications for the TMT sector

If the UK votes to exit the European Union (Brexit) following the referendum on 23 June 2016, the legal consequences for businesses in the UK will be significant.

Lawyers from a wide range of disciplines within Simmons & Simmons have identified the key potential issues that would impact upon business activities in the UK in the event of an out vote and continue to monitor events closely as they unfold.  We can advise on the legal implications of a Brexit and the procedures that it would entail. We can also flag for clients the legal issues that would affect the way that the UK does business and how the different options for the UK’s future trading relationships could provide or limit opportunities. We are therefore in a position to advise on the major issues that the TMT sector would face, and would need to plan for in the event of an out vote, both during the withdrawal negotiations and in the run up to an exit in order to be ready to do business in a possible post-EU environment.