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HOW TO BE PREPARED FOR BREXIT

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Presentation on theme: "HOW TO BE PREPARED FOR BREXIT"— Presentation transcript:

1 HOW TO BE PREPARED FOR BREXIT
DIANA DÍAZ - BUSINESS DEVELOPMENT – LATAM ROGER FERRER – PROJECT MANAGER & BUSINESS DEVELOPMENT

2 11 Marzo 2019 New withdrawal dela presented in The House of Commons
7 May 2015 David Cameron wins General Election with the referendum as electoral promise 13 July 2016 Theresa May is elected Prime Minister of United KIngdom 25 November 2018 Activation of Article 50 of the Lisbon Treaty 22 May 2019 Deadine for UK to reach a deal with the EU on Brexit 23 June 2016 BREXIT REFERENDUM 29 Marzo 2017 Activación del Artículo 50 del tratado de Lisboa. 15 January 2019 Withdrawal deal rejected in The House of Commons 12 Marzo nd withdrawal deal is also rejected in The House of Commons

3 HOW DO YOU LIKE YOUR BREXIT?
NO DEAL HARD SOFT

4 WITHDRAWAL DEAL: Key UK-EU Agreements
1. CITIZENS RIGHTS 3M EU citizens currently reside in the UK 1.5M UK citizens currently reside in the EU WITH EQUAL ACCESS TO WORK RESIDENCE SOCIAL SECURITY 2. THE COST 50,000M € Information from EL PAÍS, Andrea Rizzi, chief writer of EL PAÍS Internacional

5 DEADLINE FOR AN ORDERLY TRANSITION FOR THE UK TO LEAVE
WITHDRAWAL DEAL: Key UK-EU Agreements DEADLINE FOR AN ORDERLY TRANSITION FOR THE UK TO LEAVE 3. TRANSITION PERIOD UK WILL REMAIN WITHIN THE EU UK WILL NOT HAVE THE RIGHT TO VOTE IN EU INSTITUTIONS UNTIL DECEMBER 2020: AVOID PHYSICAL BORDER FREE MOVEMENT OF GOODS UK UNDER EU MARKET REGULATIONS UK WILL NOT HAVE THE RIGHT TO VOTE 4. IRISH BACKSTOP Information from EL PAÍS, Andrea Rizzi, chief writer of EL PAÍS Internacional

6 UK Role in the Spanish economy
UK IS THE NO.1 RECEIPIENT OF DIRECT INVESTMENT FROM SPAIN SPAIN IS THE NO.1 TOURIST DESTINATION FOR UK CITIZENS UK IS THE 1st FOREIGN BUYER OF HOUSING IN SPAIN UK IS THE NO.2 FOREIGN INVESTOR IN SPAIN UK IS THE NO.5 DESTINATION FOR SPANISH EXPORTS Information from KPMG ‘La empresa espanyola ente el Brexit’ públic report

7 Does your company Maintain any relationship with the United kingdom?
Activity of Spanish companies in the United kingdom Does your company Maintain any relationship with the United kingdom? 2018 2017 18% 13% 7% 5% 3% Information from KPMG ‘La empresa espanyola ente el Brexit’ públic report

8 Exposure to Brexit by sector (2018)
Information from KPMG ‘La empresa espanyola ente el Brexit’ públic report

9 IMPACT: Areas that can be affected
FISCAL Financial LEGAL BUSINESS MODEL HUMAN RESOURCES DISTRIBUTION NETWORK Information from KPMG ‘La empresa espanyola ente el Brexit’ públic report

10 CONTRACTION OF THE ECONOMY
MAIN CHALLENGES: Threats by Industry CONTRACTION OF THE ECONOMY CUSTOMS TARIFFS Tourism Financial Food AUTO Food CHEMICAL INDUSTRY DISTRIBUTION & CONSUMPTION STERLING DEPRECIATION REGULATORY CHANGES AUTO Financial PROFESSIONAL SERVICES Construction Tourism Information from KPMG ‘La empresa espanyola ente el Brexit’ públic report

11 Opportunities GLOBAL TRADING HUB BUSINESS OPPORTUNITY
HEALTHCARE AND HEALTH SCIENCES PROFESSIONAL SERVICES AUTO GLOBAL TRADING HUB POSSIBLE BUSINESS OPPORTUNITY Financial DISTRIBUTION & CONSUMPTION ENERGY SECTOR Linda Yueh Adjunct Professor of Economics at London Business School: Information from KPMG ‘La empresa espanyola ente el Brexit’ públic report

12 HOW TO PREPARE: Contingency Plan
FINANCIAL SECTOR CONTINGENCY PLAN ALREADY UNDERWAY CONTINGENCY PLAN ALREADY IMPLEMENTED Information from KPMG ‘La empresa espanyola ente el Brexit’ públic report

13 HOW TO PREPARE REVIEW BUSINESS MODELS WITH UK TO SEE MORE AFFECTED AREAS - PLAN APPROPRIATE RESPONSE CUSTOMS TARIFFS REGULATORY CHANGES STAFF AND TALENT Information from KPMG ‘La empresa espanyola ente el Brexit’ públic report

14 How can Mauve help Spanish companies

15 Why use Mauve?

16 Our Clients

17 THANK YOU! Diana Diaz | diana.diaz@mauvegroup.com | +57 313 445 1983
Roger Ferrer | | +44 (0)


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