Publications by date

30.09.2018
DIHK – Deutscher Industrie- und Handelskammertag e.V.

Monthly BREXIT-NEWS DIHIK (in German)

The majority of British voters decided in favor of leaving the EU in June 2016. Due to the profound consequences on the German economy, DIHK collects Brexit relevant information in a monthly newsletter.

17.09.2018
Deutsches Aktieninstitut e.V.

Third Position Paper: Exit Negotiations Between the European Union and the United Kingdom: Minimise Brexit Risks and Strengthen the European Capital Market

The third position paper of Deutsches Aktieninstitut on the exit negotiations between the European Union and the United Kingdom illustrates based on the examples customs and product authorisations as well as data protection and derivatives, what companies can do to solve the problems arising from Brexit. However, it makes also clear that companies especially in the case of a hard Brexit depend on the involvement of regulators and supervisors and cannot mitigate all problems alone. Without governmental support measures, the transition to the post Brexit era will not be frictionless.

23.08.2018
DIHK – Deutscher Industrie- und Handelskammertag e.V.

Are you ready for BREXIT? - IHK checklist for companies

How affects the EU exit of Great Britain for our daily business? DIHK supports businesses, which want to be prepared for Brexit, with its new checklist. It lists the 17 most important aspects regarding Brexit in the subject areas movement of goods, transport, financial services, personnel and education/vocational training, contracts, industrial property and certifications, taxes, company law, and REACH.

22.06.2018
GDV – Gesamtverband der Deutschen Versicherungswirtschaft e.V.

The Future Economic Relations between the EU and the UK

In less than a year, on 30 March 2019, the United Kingdom will most likely be leaving the European Union. How will economic relations develop then? Against this background, GDV has updated its position paper on Brexit. The paper lays out key aspects of the current discussions around Brexit which the insurance industry thinks need to be addressed to minimize any negative consequences of Brexit on insurance business.

18.06.2018
VCI – Verband der Chemischen Industrie e.V.

Brexit – so far, nothing has been settled, uncertainties remain (in German)

Brexit is coming on 31 March 2019. Isolated reports of successful negotiations between the UK and the EU can not hide the fact that  almost two years after the Brexit referendum central issues remain unsolved. A complete failure of the negotiations with a disorderly withdrawal of the UK still remains possible. The chemical and pharmaceutical industry, with its cross-border value chains, would be particularly affected by a hard Brexit.

11.06.2018
BDA – Bundesvereinigung der Deutschen Arbeitgeberverbände e.V.

Brexit is coming - What to do? (in German)

In less than one year, on 29 March, 2019, the United Kingdom plans to leave the European Union. The European Council needs to provide a rapprochement between the European Union and the United Kingdom by the end of June. Corporations are worried that even the important transition period is in jeopardy. To prepare corporations for Brexit, the Federation of German Industries (BDI), the Confederation of German Employers’ Associations (BDA), and the Bavarian Business Association (vbw) published a guide to Brexit. The guide, which contains 111 questions and numerous suggestions, prepares German corporations for the economic impact of Brexit.

11.06.2018
BDI – Bundesverband der Deutschen Industrie e.V.

Brexit is coming - What to do? (in German)

Compare joint paper with BDA.

26.03.2018
VCI – Verband der Chemischen Industrie e.V.

Brexit and the chemical-pharmaceutical industry: Data and Facts (in German)

The United Kingdom is an important trading partner and one of the biggest markets in the European Union for the German chemical-pharmaceutical industry. Also, the United Kingdom plays an important role for German chemical companies as a production and distribution location. In addition to the position paper from November 2017, the updated version contains data and facts such as graphics about Brexit and the German chemistry and pharmaceutical industry.

19.03.2018
BdB – Bundesverband deutscher Banken e.V.

Requirements for the Brexit transition phase and free trade agreement

The paper contains the requirements for the Brexit transition phase and a free trade agreement from the viewpoint of banks and targets decisions makers on EU level.

19.03.2018
BdB – Bundesverband deutscher Banken e.V.

Measures required in Germany regarding Brexit (in German)

The paper contains measures required in Germany due to Brexit from the viewpoint of banks and targets decisions makers in Germany.

28.02.2018
BDI – Bundesverband der Deutschen Industrie e.V.

Legal consequences of the transition to a third country

BDI examined core themes of business law and consumer policy. The paper comprises competition, antitrust and state aid law, public procurement law and company as well as insolvency law. It also covers civil law and civil procedural law, including consumer law aspects, and consumer policy.

28.02.2018
BDA – Bundesvereinigung der Deutschen Arbeitgeberverbände e.V.

Brexit: Key demands of the Confederation of German Employers' Associations (BDA) (in German)

Key demands of German Employers' Associations regarding Brexit, e.g. labour law, social security, movement of persons, education.

27.02.2018
BDI – Bundesverband der Deutschen Industrie e.V.

Trade in Goods: What is at Stake?

The UK and the EU27 member states are economically highly integrated. In 2016, for example, total German-UK trade in goods amounted to €121.6 billion. Brexit will severely disrupt these economic relations, entailing costs for both the EU27 and the UK. This paper provides the economic background to BDI‘s position paper on trade in goods. It discusses EU27-UK trade and investment relations, openness in trade, and the expected costs of Brexit.

27.02.2018
BDI – Bundesverband der Deutschen Industrie e.V.

Trade in Goods

In 2016, goods worth €467 billion have been traded between the UK and the EU27. Brexit will cause significant distortions to these tight trade relations. Therefore, German business urges negotiators to avoid a “hard Brexit” and to allow for a transition period in order to create business certainty. Also, to ensure frictionless EU-UK trade, a deep integration between the EU and the UK should be maintained, and customs should be facilitated.

27.02.2018
BDI – Bundesverband der Deutschen Industrie e.V.

Financial Services

London is the central hub for Financial Services in Europe. With the UK leaving the EU, corporate clients, bank, and insurance firms in the EU 27 need to ensure that all users have access to the same range of financial services. While reorganizing crucial market activities, financial stability must be ensured at all times. This BDI paper provides guidance on the essential political and regulatory steps.

27.02.2018
BDI – Bundesverband der Deutschen Industrie e.V.

Market Access

The burden of non-tariff technical barriers to trade is of similar significance as customs duties. Brexit raises the crucial question of whether the regulation of technical products, chemicals, biocides, pharmaceuticals, vehicles, etc. will remain coherent between the EU 27 and the UK or whether a divergence and a subsequent double burden for the economy is to be expected.

27.02.2018
BDI – Bundesverband der Deutschen Industrie e.V.

Taxation

Brexit will result in major tax-related distortions if adequate legal certainty is not provided in a future partnership between the EU27 and the UK. The most pressing requirements for new regulations in taxation are with respect to value-added tax (VAT) and (corporate) income tax (CIT). With Brexit, the common EU VAT refund system would lose its validity for business between the EU27 and the UK, with direct consequences for VAT claims.

27.02.2018
BDI – Bundesverband der Deutschen Industrie e.V.

Transportation and Logistics

The mobility, transportation and logistics sector is essential for ensuring the free movement of persons, goods and services as well as the proper functioning of the EU internal market. At the same time, it is heavily regulated at European level. While the actual implications of Brexit are still uncertain, maintaining the current level of connectivity is indispensable to ensuring an open mobility and transportation sector and continued economic growth.

27.02.2018
DIHK – Deutscher Industrie- und Handelskammertag e.V.

The Impact of Brexit on German Businesses: Special analysis Going International 2018

DIHK's nationwide survey "Going International 2018" was created with support from 79 Chambers of Commerce and Industry (IHKs) in Germany. More than 2,100 German-based companies with foreign op-erations took part in the survey, which was conducted in February 2018. The results of this special analysis of Brexit are based on responses from around 900 companies with significant business contacts in the UK, representing 43 percent of total responses.

30.11.2017
CFA Society Germany e.V.

Germany's Attractiveness as a Financial Center

With Brexit looking to become a reality, many decision-makers, political experts, and stakeholders in continental Europe are asking themselves about its consequences - and to what extent their country and financial industry might be impacted. The study presents a comprehensive view on Germany’s attractiveness as a financial center, based on the answers of more than 800 participants from all segments of the country’s financial industry. It also highlights recommendations for decision makers to get Financial Germany into even better shape.

17.11.2017
VAB – Verband der Auslandsbanken in Deutschland e.V.

What are the main advantages for the financial industry in Germany?

Overview on selected reasons for Germany as financial centre respectively for the financial hub Frankfurt as well as challenges.

17.11.2017
VAB – Verband der Auslandsbanken in Deutschland e.V.

Faster Licensing as well as transition/treatment of third countries

How fast could credit institutions headquartered in UK that have so far acted in Germany with a branch under the European Passport get a banking license in the case of a hard Brexit?

15.11.2017
VCI – Verband der Chemischen Industrie e.V.

VCI Position Paper on the impact of Brexit on the chemical-pharmaceutical industry (in German)

With this position paper, VCI gives a first overview of the most relevant topics for the chemical-pharmaceutical industry concerning Brexit. If possible, recommendations for the second negotiation phase are given. The objective of VCI is to actively follow the negotiations in the upcoming years, to update its positions and to highlight the impact on the sector as well as to propose possible solutions.

The English version follows soon.

07.11.2017
BdB – Bundesverband deutscher Banken e.V.

Impact of Brexit on German banks

Which consequences will a possible Brexit have on banks in Great Britain and the rest of Europe? Currently, London is the biggest financial centre in Europe. The United KIngdom losing access to the single market will ahve far-reaching consequences on the financial sector in the British capital.

30.10.2017
BVI – Bundesverband Investment und Asset Management e.V.

Brexit – How can the fund center Germany profit? (in German)

London will play an important role as a financial center, also in asset management, for the European Union even after Brexit. However, full market access for English funds is not expected in the current scope. Thus for asset managers with their European headquarters in London, a business location in an alternative location in Europe would make sense, in order to limit impairment of market access. The competition between potential “hosting member states” is already underway. Politics and administration should ensure that Germany is kept in the running as a potential location.

27.10.2017
Deutsches Aktieninstitut e.V.

Second position paper: Exit negotiations between the European Union and the United Kingdom: Minimise Brexit Risks and Strengthen the European Capital Market

The current position paper of Deutsches Aktieninstitut on the exit negotiations between the European Union and the United Kingdom complements the first position paper from February 2017 and covers further relevant topics, e.g. clearing, benchmark and rating. The analyses of financial and capital market legislation and concrete examples from practice illustrate which topics deserve particular attention due to their significance for business and society in connection with the Brexit negotiations.

20.10.2017
BAH – Bundesverband der Arzneimittel-Hersteller e.V.

Brexit and its Consequences for the German Pharmaceutical Industry

The  withdrawal  of  the  UK  from  the  European Union – known as BREXIT – will have a significant impact on the pharmaceutical sector. This guide is intended to highlight which areas could be affected by BREXIT and where there is already a need for action.

11.10.2017
Stiftung Familienunternehmen

The Internationalization of entrepreneurial families – Reform Proposals for the Exit Tax (in German)

The Exit Tax increasingly inhibits company members from family enterprises from internationalizing. Therefore, the Foundation for Family Enterprises proposes reforms that Prof. Dr. Stephan Kudert from the European University Viadrina in Frankfurt (Oder) developed.

01.09.2017
BdB – Bundesverband deutscher Banken e.V.

Brexit – Konsequenzen für Großbritannien und die EU (in German)

Die Brexit-Entscheidung der britischen Bevölkerung war ein Schock für die EU, droht doch nicht nur der Verlust eines wichtigen Mitgliedstaates, sondern auch eine jahrelange Phase der Unsicherheit. Am 29. März 2017 hat die britische Regierung ihr Austrittsbegehren bei der EU eingereicht.

02.08.2017
DSGV – Deutscher Sparkassen- und Giroverband e.V.

Brexit – Key aspects according to the Savings Banks Finance Group

The Chief Economists of the Savings Banks Finance Group see the Brexit negotiations as a real opportunity to highlight the added value of the European unification project. The "Standpunkte der Chefsvolkswirte" cover among others the single and capital market, clearing, regulatory costs and disadvantages as well as legal clarity after Brexit.

(Document will be directly downloaded and not opened in the browser.)

25.07.2017
GDV – Gesamtverband der Deutschen Versicherungswirtschaft e.V.

Brexit – six positions advocated by German insurers

The Brexit negotiations between the United Kingdom and EU started in June. Many questions remain unanswered. Several topics with high relevance for German insurers are also affected. The position paper of GDV articulates the main issues for the insurance sector regarding the Brexit negotiations.

12.07.2017
BVI – Bundesverband Investment und Asset Management e.V.

BVI position on Euro clearing by systemically important third country CCPs

BVI welcomes the proposal published by the EU Commission to enhance the supervisory arrangements for EU and third-country CCPs in the interest of further market integration, financial stability and a level-playing field.

06.07.2017
BVI – Bundesverband Investment und Asset Management e.V.

BVI – Position on Brexit (in German)

The United Kingdom formally announced its withdrawal from the European Union on 29 March, 2017. Dependent on the business model, the withdrawal of the United Kingdom from the European Union could induce action in capital managing companies, specifically concerning the outsourcing of functions, the settlement of trades, and the cross-border distribution. The BVI-position paper specifically discusses the outsourcing of functions, euro clearing, and the cross-border funds sales.

30.06.2017
VDMA – Verband Deutscher Maschinen- und Anlagenbau e.V.

VDMA position paper on the exit of the United Kingdom of Great Britain and Northern Ireland (UK) from the European Union (“Brexit”)

This VDMA position paper describes the specific consequential damage from Brexit for the mechanical engineering industry in the following areas: (I) trade in goods and services, (II) the UK as a production location – competition, (III) the UK as an integral part of value-added chains, and (IV) free movement of persons. Throughout the paper, the VDMA recommends and urges the UK and the EU to take action to prevent the consequential damage, where already possible in an exit agreement or at a later stage in a future partnership and free trade agreement.

29.03.2017
VÖB – Bundesverband Öffentlicher Banken Deutschlands e.V.

Positionspapier "Brexit" (in German)

We regret the results of the United Kingdom’s referendum from June 2016 and the impending withdrawal of the second largest European economy out of the European Union. Themes in this position paper include the four fundamental freedoms, transitional regulations, and the strengthening of the financial center, Frankfurt.

27.03.2017
VCI – Verband der Chemischen Industrie e.V.

Maintain the fundamental freedoms and the cohesion of the EU

Brexit negotiations should not further weaken the European Union. Strive for a comprehensive partnership, investment and trade agreement. Avoid burdens through customs payments and in future regulation.

28.02.2017
Deutsches Aktieninstitut e.V.

First position paper: Exit negotiations between the European Union and the United Kingdom: Minimise Brexit Risks and Strengthen the European Capital Market

In its position paper “Exit negotiations between the European Union and the United Kingdom: Minimise Brexit Risks and Strengthen the European Capital Market”, Deutsches Aktieninstitut has identified the essential issues with relevance for capital markets and which deserve particular attention due to their significance for business and society in connection with the Brexit negotiations. Furthermore it makes proposals how the negative impact of Brexit on the affected national economies can be minimised.

20.10.2016
Stiftung Familienunternehmen

Country Index for Family Enterprises – Foreign trading risks / Brexit (in German)

The “Country Index for Family Enterprises” are conceptually subject to the locational demands, that are independent from the legal structure through which the family is able to exercise majority control. This especially applies to companies in the industrial realm that have a minimum sales volume of 100 million euro. The special study in the current edition reviews the topic “foreign trade” and highlights the impacts and risks that the locations of the country index are exposed to. In this respect, the paramount withdrawal of the United Kingdom from the European Union (“Brexit”) will also be a subject of discussion.

18.08.2016
BdB – Bundesverband deutscher Banken e.V.

Strengthen Frankfurt as a financial centre!

German banks regret the Brexit votum of the British people. Yet, should the United KIngdom really leave the EU, we should make the best out of it. For Germany this should include strengthening the financial centre Frankfurt.