BEIS urges action to be Brexit-ready

With less than two months to go, the government has launched a campaign urging services and investment companies to get going on key actions as the UK counts down to its new trading relationship with the EU after 31 December

The Department for Business, Energy and Industrial Strategy (BEIS) is holding a further series of webinars throughout November to help businesses understand what they need to do in order to be ready by the end of the transition period.

The webinars are free and, depending on the topic being covered, take between 45-90 minutes. They will cover issues including intellectual property, mutual recognition of professional qualifications (MRPQ), and personal data.

BEIS has singled out three areas of particular importance. Top of the list is ensuring auditing and accounting qualifications are recognised by EU regulators, for those looking to practise or service clients in the EU.

Businesses and individuals are also urged to check immigration requirements for the EU2017 starting on 1 January 2021.   

Finally, BEIS says businesses must be prepared on data protection and data transfers. they may not be able to legally receive personal data from the European Economic Area (EEA) if they have not put alternative safeguards in place to cover EU to UK personal data flows from 1 January 2021. 

Useful links:

Selling services to the EU, Switzerland, Norway, Iceland and Liechtenstein from 1 January 2021

Visit Europe from 1 January 2021

Using personal data in your business or other organisation after the transition period

To register for upcoming webinars, or to watch previous sector-specific webinars on demand, click here

Pat Sweet |Reporter, Accountancy Daily [2010-2021]

Pat Sweet was the former online reporter at Accountancy Daily and contributor to the monthly Accountancy magazine, pub...

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