All About Brexit

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On Thursday, June 23, 2016, the British voted to decide whether to keep the UK in the European Union. Supporters of the exit from the EU gained 51.9% against 48.1%. With more than 30 million voters, the turnout in the referendum was 71.8%.

The UK was originally scheduled to depart the EU at 11:00 pm UK time on Friday, March 29, 2019. Britain’s exit from the EU coined the term "Brexit" and is still a hot topic for global trade professionals doing business in the region.

Meetings between the two groups have been ongoing and plans are underway to formulate future relations in a post-Brexit environment. However, nothing concrete has been defined and politics are making the situation tense. Britain did not exit the EU on the scheduled date and a new date has been set for April 12, 2019. There are three choices: Britain will leave the EU without a deal to outline the details, stay as a member of the Union, or revoke the Article 50 process altogether. British lawmakers aren’t favorable of the latter options.

At Amber Road, we are following Brexit developments as they unfold, and considering the implications of what Brexit might mean for our customers. Though there is still considerable uncertainty, we are continuously conducting impact assessments to ensure our software runs smoothly for all our valued customers. We are ready to adapt any changes into our Global Knowledge® database, which in turn is utilized by the functional areas of our platform.

This web page has been created to make it easier for you to access the resources we are constantly developing and updating: white papers, eBook, on-demand webinars and other materials are at your disposal to stay informed of the latest Brexit news.

 

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