Brexit and the back office
Now the UK is out of the EU, what does this mean for private equity?
The first task from a back-office perspective is to map any outsourcing to the UK and any use of EU passport from the UK Any delegation based on EU legal provision must be identified and alternative solutions envisaged, as the political process progresses.
Olivia Tournier-Demal, Managing director, MJ Hudson Luxembourg
From a tax perspective, withholding tax barriers may make it more costly for investors to upstream dividends from European investments.