Effective withdrawal of the United Kingdom from the European Union or the BREXIT / Laurelei PAYEN / 2020

Titre : Effective withdrawal of the United Kingdom from the European Union or the BREXIT Type de document : Mémoire Auteurs : Laurelei PAYEN, Auteur Année de publication : 2020 Importance : 11 p. Note générale : Pour accéder aux fichiers PDF, merci de vous identifier sur le catalogue avec votre compte Office 365 via le bouton CONNEXION en haut de page. Langues : Anglais (eng) Mots-clés : Management EUROPE ; ROYAUME UNI ; FINANCE DE MARCHE ; BANQUE Résumé : I first chose to work on operational risks in finance and particularly in banks. An operational risk is “the risk of a change in value caused by the fact that actual losses, incurred for inadequate of failed internal processes, people and systems, or from external events (including legal risk), differ from the expected losses”. So I started to search articles on operational risks in banks on internet and it led me to an article named “Top 10 Operational Risks for 2019” (link: https://www.risk.net/risk-management/6470126/top-10-op-risks-2019). It lists several operational risks such as data compromise, IT disruption or IT failure, and they end with BREXIT saying that it represents various possible risk events. That is when I started to pay attention to this subject. BREXIT is a portmanteau of the word “British” and “exit”. This event is the withdrawal of the United Kingdom (UK) from the European Union (EU). This process has begun in June 2016 when David Cameron hold a referendum in the UK, in which 52% of the population voted “YES” to leave the EU. Firstly, it was planned that the country will leave the EU on March 2017. But then, the withdrawal was delayed by the British Parliament. Finally, after a general election, the Parliament ratified the withdrawal agreement and the UK left the EU on January 31, 2020. So, I found interesting to evaluate the impact of the UK withdrawal of the EU, but I needed to find with which companies I would do this study. In my opinion, the most accurate was the 30 most important companies traded on the London Stock Exchange (LSE). Because the BREXIT isn’t affecting a particular sector or industry, but EVERY sectors or industries. That’s why, having the 30 most important companies from the LSE, which gather several types of sectors, was my first idea. Then, thanks to an article named “Top 30 companies of the UK in the FTSE index 2020” (link: https://disfold.com/top- companies-uk-ftse/#riotinto) because those companies are both traded on the London Stock Exchange (LSE) and on the Financial Time Stock Exchange (FTSE) 100 index. Thoses 30 companies are classified according to their Market Capitalization in pounds sterling, as of effective close on Friday, February 7, 2020. You will find thereafter the classification. Each company is presented with details on its sector and industry. Programme : PGE-Reims Permalink : https://cataloguelibrary.neoma-bs.fr/index.php?lvl=notice_display&id=529793