To print this article, all you need is to be registered or login on Mondaq.com. Four and One-Half Years! January 1, 2021 ... at last ... at long last as some might celebrate... or, as others might lament, a day which should have never come. Brexit is finally arriving. Four and one-half years have passed since the June 23, 2016 United Kingdom ("UK") referendum on UK membership in the European Union ("EU"). On that day, UK voters narrowly chose to end its 40+ years' membership in the EU. Since 2016, there has been intense debate, political pressure, economic dislocation, rancor and wild claims of impending doom or success.