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Brexit Leave vote on the Carnet
I was just sitting here watching all the hype on the box about the vote to leave the EU and it got me thinking, now that there is no where to get a Carnet in the UK a lot of people have used the German auto club ADAC. I'm now wondering if we will still be able to? Skip
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The Carnet is a finiancial guarantee. During the exit they will either sign a treaty to let EU financial companies trade here or they won't. If they don't ADAC will have the option to enter the UK market under UK rules. Regardless, the market will be open to other providers. This could include providers currently outside the EU who have not been able to enter under EU rules.
They've got two years from the article 50 submission and that won't be until after October. There will be a period of uncertainty for sure. Andy |
May be with the change in the value of the pound a new company may be interested in issuing carnet. We'll have to see. Skip
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