Brexit – What happens now?

Press release
Article tags:
  • United Kingdom

On the 12th of December 2019, the Conservatives won a majority in the UK’s general election. We would like to update you on what that result could mean for Brexit and how we are preparing for this.

The UK is due to leave the EU on 31 January 2020.

Prime Minister Boris Johnson has agreed a deal with the EU, but it still needs to finish the process of being passed through parliament.  With a large majority in the House of Commons, it should be relatively straightforward to pass Mr Johnson’s deal.  The default position if no deal is passed is that the UK would leave without one. 

If the UK leaves the EU on 31 January 2020, that is just one step in a very complicated process. ABN AMRO is prepared for Brexit and has put the necessary arrangements in place to be able to continue to provide you with the products and services you need irrespective of how the UK leaves the EU. 

At this time we do not require you to take any action and we will keep you fully informed of our preparations. 

For any specific queries, please contact us through your normal channels.    

ABN AMRO Bank