Theresa May has officially confirmed that she will trigger Article 50 on Wednesday 29 March, however European sources have said that the two-year Brexit process may face several weeks of delays, due to the other 27 European countries needing to reach a consensus and start the formal process.
Speaking from Wales, the prime minister is reported as saying, “I am very clear that I want to ensure we get the best possible deal for the United Kingdom that works for everyone across the United Kingdom and all parts of the UK when we enter these negotiations.”
As we reported back in June 2016, the UK leaving the EU will have an effect on owners of rights granted by the European Union Intellectual Property Office (EUIPO), but transitional arrangements are expected to be put in place. Our specialist ‘Brexit’ team is monitoring the situation closely and we will continue to keep you updated on the UK's position regarding intellectual property in a post-Brexit landscape via our dedicated ‘Brexit’ webpages. For now though, it remains “business as usual”.