Start of the Brexit changes
On March 29, 2017, the UK officially submitted the notification pursuant to Article 50 of the Treaty on European Union, which will lead to the United Kingdom of Great Britain and Northern Ireland (UK) leaving the EU. This process is commonly being referred to as ‘Brexit’. Negotiations on the conditions of Brexit are well underway.
Brexit will definitely affect all parties involved, but nothing can be said yet about the extent of the impact. If the EU and the UK had fully agreed on the withdrawal agreement before March 29, 2019, a transitional period would have started on March 29, 2019 until 31 December, 2020. During this period, everything temporarily would have remained the same as much as possible.
If no agreement had been reached before March 29 (and a “hard Brexit” would have occured), the trading rules of the World Trade Organization (WTO) would apply from that moment on. It is possible that UK and EU Notified Bodies' certificates may not be mutually recognized or deemed valid.
At the end of March 2019 it is still unclear whether a transition treaty may be signed and/or arrangements can be agreed for Notified Bodies and their customers. European government leaders and politicians in the UK are working on the Brexit deal concept. Hopefully, negotiations are concluded as soon as possible about the final completion. We follow these closely, work on scenarios for our customers and we’ll communicate about developments.