gm corporate logo gm corporate statement
   
News & Events

The financial sector, the world over, is constantly evolving and we hope to keep all of our esteemed clients informed and up-to-date through our website. We also attend a number of international conferences and exhibitions and it would be our pleasure to meet during one of our trips. We encourage you to sign up to our newsletter to receive updates.

GM Corporate and
Fiduciary Services Ltd.
147/1, St. Lucia Street,
Valletta VLT 1185, Malta.
+(356) 2123 5341
info@gmint.com
GM Corp Linkedin GM Corp Facebook
NEWS & EVENTS
-

In a decision that will provide for a severe headache for Prime Minister Theresa May, the British High Court has decided that in order for Article 50 to be triggered and the process of the UK exiting the European Union is formally commenced, the British Parliament must notify Brussels.  The Government alone does not hold that power, contrary to what the same Prime Minister has argued repeatedly.

 

This decision will, in all probability, be appealed by the Government, and a decision by the British Supreme Court should be given in a couple of months.  In an ironic turn of events, the Court may also refer the question to the European Court of Justice, in a move that would be a slap in the face to all opponents of the same institution.

 

This decision will likely slow down the pace of the proposed exit of the UK from the EU, also because the decision towards ascertaining Parliament’s sovereignty may undermine the Prime Minister’s role in conducting the negotiations without further approval required.

Other members of The Economicard Group