The UK Government has published an eight-point checklist which has been put in place to help those who are working in the gambling industry to prepare for a potential no-deal Brexit.
The UK is due to leave the European Union on October 31 while talks are continuing to go on over a deal, but with the deadline being just over three weeks away, the Government has issues specific advice for people employed in the gambling sector in the event of a no-deal scenario.
Employers have been advised to check of their staff are in need of a visa or work permit and make any requirements for their profession to work in the country they’re going to, as they may not be able to work in or even enter another country without the correct permit or visa.
All staff who work in the gambling sector should be checking if they need to apply to the EU Settlement Scheme, as this may impact whether they are indeed allowed to continue to live or work in the UK.
Should the UK leave the EU without a deal, employers and staff may not be able to enter the EU, which includes the cross from Spain over into Gibraltar, if they are unable to show that they meet the correct immigration rules. The Government has also advised workers to check if they have the correct documents before travelling.
Meanwhile, there could also be changes to the way in which operators and other businesses in the industry access personal data from the EU and European Economic Area. The Government advised reviewing contracts to ensure that operators can do so legally.
According to the Government, most data protection rules that apply to small to medium-sized businesses and organisations would stay the same if the UK were to leave without a deal.
The Government has also said that it is committed to maintaining General Data Protection Regulation (GDPR) standards as well as plants to incorporate this into UK law after Brexit.
Similar advice has applied to accounting and reporting, with gambling businesses being warned that they may breach requirements in EEA countries if they do not make any required changes.
In terms of accounting, the UK-based public companies with a UK listing will now need to prepare accounts using UK adopted IAS for all accounting periods beginning the day after the UK leaves the EU.
UK public companies with an EEA listing must comply with rules of the country where the subsidiary is based and produce accounts that comply with the UK Companies Act 2006.