Year-end Brexit disclosure considerations
Defining Issues | January 2019
Brexit uncertainties require careful consideration of business impacts.
Share
KPMG reports on disclosure considerations of Brexit. The SEC expects that issuers’ 2018 year-end reporting should provide robust disclosure about how management is considering Brexit and its effect on issuers and their operations.
Applicability
SEC registrants with operations in the UK and/or the EU, or with operations that rely on links with the UK.
Relevant dates
- Effective immediately
Key Impacts:
- The United Kingdom is scheduled to leave the European Union on March 29, 2019
- Various scenarios, including a no-deal exit or an extended period of negotiations, remain possible at this stage
- The SEC has highlighted Brexit as a specific area of focus
Report contents
- Applicability
- Key facts and impacts
- Disclosure considerations
Share
Download the document:
Year-end Brexit disclosure considerations
Download PDF