CBI warns against no-deal Brexit
The Confederation of British Industry (CBI), the UK's top business organization, has warned of the impact of a 'no deal' Brexit on the chemicals industry and called for UK and EU authorities to arrange a mechanism to enable data sharing on substances. In a report, the CBI also asks the EU to offer a grace period of 180 days for companies to transfer REACH registrations to the bloc if the UK leaves without a deal.
In terms of chemicals registering, CBI urged the UK ‘to strike a deal with the EU’, as the ‘costs of re-registering chemicals’ risk in a parallel UK REACH system to be ‘unsustainable’ for many companies in the long term. Although measures are available to partially mitigate the damage, the report states that they are "expensive and difficult to implement before an October deadline."