Finance chiefs and other executives are tracking a multitude of changes associated with Britain’s exit from the European Union. An 11-month transition period, during which many existing rules and regulations continue to apply, is expected to give CFOs a chance to prepare for the end of the changeover. Executives at companies with cross-border trade flows should know their company’s exposure and continue to make changes to their operations. Currency volatility: The U.K. pound has fluctuated since the 2016 referendum vote and is expected to remain volatile during the transition period. Working rights for European citizens who arrive in the U.K. after the end of the transition period might be harder to obtain.

Source: Wall Street Journal January 30, 2020 23:26 UTC