Insolvency: EU Law

(asked on 11th January 2017) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty’s Government what assessment they have made of the impact of the non-applicability of the European Insolvency Regulation following the UK's withdrawal from the EU on the ability of insolvency practitioners in EU countries to work on cross-border insolvencies in the UK.


This question was answered on 23rd January 2017

Departments are undertaking analysis to understand the impacts that withdrawal from the EU will have on businesses and consumers. This analysis will include engagement with as many organisations, companies and institutions as possible. This will allow the Government to understand the impact that withdrawal from the EU will have on businesses and consumers, and to seize the opportunities of leaving the EU.

As my rt. hon. Friend the Prime Minister said, we want British companies to have the maximum freedom to trade with and operate in the Single Market – and to let European businesses to do the same here.

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