To assist with preparations for the UK's exit from the EU, the Financial Reporting Council (FRC) is writing to audit committee chairs and finance directors setting out some of the generic actions companies should consider in advance of the UK’s exit.
The FRC suggests UK companies check staff that are EU citizens can continue to work in the UK, and consider whether their business may face additional legal, regulatory and/or administrative barriers in the event of a no-deal Brexit.
You can read the full letter
here.
(Source: FRC)
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