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ABI comments on the Prime Ministers speech on exiting the EU

Huw Evans, Director General, Association of British Insurers, said:

“The Prime Minister’s speech has provided greater clarity on her Brexit aims as we head toward the triggering of Article 50. We agree there are significant trade opportunities that a more global focus on competitiveness can bring.  Her commitment to a phased implementation process is welcome but providers still need as much as possible resolved at the beginning of the negotiation process to minimise uncertainty for firms most affected by loss of automatic single market access. The ABI will also continue to press for a UK regulatory regime that becomes suitable for the British market, successor arrangements for passporting, swift agreement on labour market access and a harmonised data regime.” 


Last updated 18/01/2017