Brexit - The implications

The UK public has voted to leave the EU, which will have significant implications for businesses and individuals.

The exact consequences for future policy and regulation remain unknown. It will take time to fully understand the implications of the vote, and it is important to note that Article 50 of the Lisbon treaty provides for two years, from the date the UK Government gives notice to the Council of Europe, to negotiate and agree exit terms.

We remain committed to partnering with our clients and our people during this period of volatility and uncertainty, supporting them as the implications of the vote become clear and helping them work through any necessary changes.

"The UK exit from the EU will have significant consequences for businesses and individuals in Ireland, the UK and internationally. Over the coming weeks we will work with our clients to assess the impact on their business and help them to navigate through the uncertainty."

Mark Kennedy, Managing Partner, Mazars

Brexit – potential impact for Ireland

In what is being described as “uncharted waters”, a period of “turmoil and uncertainty” generally for the UK and the rest of the EU and “of economic uncertainty for Ireland”, the UK will cease to be a member of the EU following last week’s narrow “victory” for the leave campaign.