Developing a Robust Compliance Strategy Key to Market Access Post Brexit, Says TSG Consulting
KNARESBOROUGH, England, Jan. 31, 2020 /PRNewswire/ -- TSG Consulting, a leading regulatory and scientific consulting organization, says it is now more important than ever to develop a robust compliance strategy that considers all Brexit scenarios to ensure market access post transition.
"Whilst the signing of the Withdrawal Agreement has given industry more certainty for the next 11 months, it is not a time to be complacent," says Daryl Thomas, MD for TSG Consulting in Europe. Recent comments made by UK Chancellor Sajid Javid that "there will not be alignment" means that it is now more important than ever to prepare for regulatory divergence. "Companies that are on the front foot on January 1, 2021 will be those that have considered all the different scenarios and developed robust compliance strategies, putting plans in place for regulatory divergence," he continues. In the case of EU REACH this could include appointing an Only Representative or establishing an EU legal entity as laid out in the rules. In the case of biocides, it could be setting up an EU legal entity and transferring approvals across in order to maintain EU market access.
"Over the past year TSG Consulting has seen an uptake in the number of clients in the chemical, biocide and plant protection sectors coming to us for strategic guidance surrounding Brexit," Thomas adds. "They often need help interpreting the guidance provided by the regulatory authorities and understanding how it applies to their existing and planned product portfolios. We can help give them clarity and put robust compliance strategies in place in order to ensure continued access to the UK and EU markets whatever the Brexit outcome."
To keep abreast of developments as they occur, individuals can sign up to receive email updates via TSG Consulting's Brexit Hub (https://www.tsgconsulting.com/brexit-hub). In addition to providing timely updates on Brexit-related changes to crop protection, biocide and chemical regulations, the Hub also provides access to webinars and other thought leadership content. The direct link to sign up to email updates is: https://www.tsgconsulting.com/brexit-alerts.
More information on TSG Consulting's Compliance Strategy Development service can be found here: https://www.tsgconsulting.com/geography/brexit-compliance-strategy-development.
TSG Consulting is an international company with offices in the UK, three EU member states, and North America. This international structure, combined with a 30-year history serving the chemicals, biocides and crop protection sectors, enables TSG to serve clients' best interests in any Brexit scenario, including future trade deals with North America and the rest of the world.
About TSG Consulting
TSG provides companies with high-quality regulatory and scientific consulting services. We help clients worldwide address the technical and regulatory issues in taking their products to market in multiple jurisdictions. Our scientific expertise, regulatory knowledge and understanding of local nuances enable our clients to navigate the complex and ever-changing regulatory landscape across the globe.
We serve a number of key markets and industry sectors including agricultural, industrial, consumer, food and beverage, animal health, and medical. Our teams comprise scientists and regulatory experts – many of whom have previously held positions at regulatory agencies, departments and in industry. This combination of science, regulatory expertise and knowledge of how institutions and industry operate provides our clients with superior and well-rounded guidance.
TSG Consulting is a Science Group company.
About Science Group
Science Group plc (AIM: SAG) is an international, science-led services and product development organization. Its specialist companies, TSG Consulting, Sagentia, Oakland Innovation, OTM Consulting, Leatherhead Food Research and Frontier Smart Technologies, support the product innovation lifecycle, enabling clients to deliver on their investments in R&D. Science Group's services fall into four broad categories: Applied Science, Product Development, Technology Advisory and Regulatory. These services are combined with vertical market expertise in the Medical, Consumer, Food & Beverage, Industrial, Chemical and Energy sectors. With offices throughout Europe, North America and China/Hong Kong and with over 30 languages written and spoken, Science Group supports a global client base.
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