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Over many months, Appello have been and continue to prepare for any eventuality on Brexit. We have established an internal management team with experts from all areas of our business to understand and plan for the risks and opportunities associated with Brexit. We are also taking external advice to ensure that our planning is in line with best business practices in the UK and internationally. You can have confidence in our readiness.
In order to ensure that there is minimal disruption to our business and the services we deliver to our customers, we have reviewed all areas of our business and put plans in place to ensure there is no negative impact to our company or customers when the transition period ends, and the UK leaves the EU on December 31st 2020. We are confident that the risks are understood and have been mitigated.
Generally, Appello does not foresee that there will be a significant direct impact to the company from Brexit. Our business is derived mainly from companies in the UK, therefore changes to legislation and the practicalities of transacting with European Union will not have a significant impact on the business. Where the goods and services that we procure are from outside the UK, we have consulted with our supply chain and mitigated risks by enacting plans to continue to maintain higher levels of stocks in the UK for the remainder of 2020 and into 2021.
A ‘NO DEAL’ Brexit may have consequences relating to the way we use and process data as the UK would no longer be a signatory to European data protection legislation. Where Appello holds data, we utilise UK data centres.
Please be assured that we will continue to review our position as more information becomes available and will share further updates where appropriate.
Should you have any questions or require additional information on any specific aspect of our operations or service, please contact your Business Development Manager.