Brexit: Avisa Partners advises non-European clients, investment funds, and major international corporations seeking to anticipate the political, legal and economic effects of the United Kingdom’s withdrawal from the European Union.
Avisa is ideally placed to answer clients’ Brexit-related questions, whether it be in aviation, manufacturing, or financial services. Avisa can also advise on questions related to customs and rules of origin.
There are several key players in the Brexit negotiations which can provide a signpost for the future relationship between the UK and the EU. These include:
>> The European Commission’s Task Force 50, which leads the negotiations for the EU.
>> The European Commission’s Directorate-General for Banking and Finance (DG FISMA), which is responsible for granting equivalence to banks from third countries.
>> The EFTA bodies and its members, in particular Iceland, whose relationship with the EU may serve as a future model for the UK.
>> The European Banking Authority, which is responsible for the supervision of European banks.
Although the EU-27 have thus far remained united during negotiations, as negotiations progress the EU’s national capitals will begin to advance their own national interests. To provide clients with an integrated service, Avisa Partners has competent partners across the EU — and in Washington, DC — to provide clients with strategic intelligence and advice on all issues related to Brexit.
- European infringement procedures: At the European level, Avisa Partners has guided several nations through infringement procedures. In these procedures, according to the treaties of the European Union, the Commission can bring legal action against a Member State by referring the matter to the Court of Justice or by imposing financial sanctions.
- Avisa Partners has also advised several nations in the negotiations of wide-ranging association agreements concerning, among other things, the four freedoms of the single market. The firm has also assisted third countries or large corporations with following the progress of negotiations on EU enlargement and any other framework agreements with the European Union.