Horse racing ‘not at risk’ under a no-deal Brexit
FEARS that horse racing might be affected by a “no deal” with the EU were quashed yesterday.
Contingency papers for the outcome published by the Government included moving horses, energy supply in Northern Ireland, EU regulations for businesses and keeping sanctions regimes.
There were fears classics like the Derby and Grand National were at risk because many participants come from Ireland and France.
But the guidance issued by Whitehall made it clear British races will not be affected because there will be no bar on horses entering the UK.
European races such as the Prix de l’Arc de Triomphe in Paris may be more difficult for British-based horses.
The document said: “We are confident, however, that the UK meets the animal health requirements to secure [EU] listing.”
Northern Ireland energy would be unaffected, it said. However UK firms that own or run business operations in EU states could face “burdensome” restrictions following a no-deal Brexit.
Firms were likely to face changes to the law... “for example, this could involve meeting additional requirements in order to acquire real estate and/or requiring additional approvals to operate”.
The papers also made it clear that the UK would “look to carry over” all EU-agreed sanctions at the time of exit.
New sanctions and anti-money laundering laws should be in place by March 2019.