REG - easyJet PLC - Annual Report and Accounts 2015 <Origin Href="QuoteRef">EZJ.L</Origin> - Part 3
- Part 3: For the preceding part double click ID:nRSD0305Ib
in targeted areas.
Legislative and regulatory risks easyJet is exposed to legislative and regulatory oversight across its network and all countries where it sells its product via a native language website. This will increase as easyJet grows geographically and the number of local language websites increases. Failure to comply with legislative and regulatory requirements (or interpretations thereof), such as local consumer laws, passenger compensation for certain long flight delays and cancellations, and environmental and airport regulations, in the jurisdictions in which easyJet operates could have an adverse reputational and financial impact. In the event the UK votes to leave the European Union, the terms of exit could have implications for easyJet to continue to operate the network it does currently. Link to strategy:2 3 4 5 The Regulatory Affairs Group co-ordinates easyJet's role in influencing future and existing policy and regulations which affect the airline industry. Country oversight
Boards are established for easyJet's main markets, raising awareness of potential changes and impacts in the different countries. Industry bodies and legal advisers in
-country are also used to understand and develop appropriate responses to new legislation. easyJet has an in-house legal team to monitor compliance with formal
regulatory requirements.
End
4 December 2015
For further details please contact easyJet plc:
Institutional investors and sale side analysts:
Stuart Morgan Investor Relations +44 (0) 7989 665484
Michael Barker Investor Relations +44 (0) 7985 890 939
Media:
Paul Moore Corporate Communications +44 (0) 7860 794 444
Edward Simpkins RLM Finsbury +44 (0) 207 251 3801
+44 (0) 7947 740 551
This information is provided by RNS
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