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<p>The government recognises the issues the UK’s departure from the EU creates for
firms ability to service long-term contracts in force at EU exit. We are considering
in particular risks arising from any change of passporting arrangements and the impact
on cross-border contracts, including long-term insurance contracts.</p><p><strong>
</strong></p><p>Much of the detail of these arrangements remains a matter for the
EU exit negotiation process, but we will continue to provide information to help firms
deal with the challenges and take advantage of the opportunities as we move towards
our future relationship with the EU.</p><p><strong> </strong></p>
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