Market Trends 2022/23: Brexit Disclosure

This practice note discusses the exit of the United Kingdom (UK) from its European Union (EU) membership (known as ‘’Brexit’’). This practice note also provides sample Brexit related disclosures included in public filings made with the U.S. Securities and Exchange Commission (SEC) regarding Brexit’s impacts on the companies, their respective employees, management, operations, and prospects, and concludes with recommendations on how to enhance these disclosures.