Brexit News

Brexit News

Brexit News, Member News

Vulcan Insight | With time running out, UK slowly starts engaging on Brexit Negotiations

As Brexit chief negotiators meet in London for their third round of restricted high-level discussions on the future EU-UK relationship, the UK Government is beginning to show signs of engagement, according to EU Trade Commissioner Phil Hogan. After leaving the EU’s political and decision-making sphere at the end of January, and ahead of its final departure from the Single Market, the EU and UK have been engaged in tense negotiations over their future social, economic and security relationship from 1...
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Arendt | Brexit: new status, new residence permits for UK nationals residing in Luxembourg

Under the transition period as foreseen by the Withdrawal Agreement, UK nationals may continue to reside in the EU without additional measures until 31 December 2020. With the end of the transition period fast approaching and as announced by the Luxembourg government, UK nationals residing in Luxembourg have begun to receive letters from the Immigration Directorate inviting them to prepare an application for a residence permit in Luxembourg. Key points on these new residence permits: Invitations are issued automatically to UK...
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Vulcan Insight | EU-UK Post-Brexit Trade Deal Increasingly Unlikely, Acknowledges Michel Barnier

In only their second face-to-face meeting since the start of the Coronavirus pandemic, EU and UK negotiators, this week, failed to make significant strides in the post-Brexit future relationship negotiations. In the sixth round of negotiations between EU chief negotiator Michel Barnier and his UK counterpart, David Frost, the sides failed to reach a breakthrough on the key stumbling blocks: clear rules for a level-playing field for fair and open competition, fisheries, as well as the role of the European...
Brexit News, Chapter News

Press statement by Michel Barnier following Round 6 of the negotiations for a new partnership between the European Union and the United Kingdom

Statement made July 23, LONDON | Ladies and gentlemen, Good afternoon to all of you. I am happy to meet you here in Europe House in London, at the end of this sixth negotiation round. I would like to thank the EU Delegation, and our Ambassador João Vale de Almeida for welcoming us.Thank you also for the very useful work you do, representing the EU in the UK, together with the 27 EU Ambassadors, whom I met yesterday. This negotiation takes place...
Brexit News, Member News

Arendt | Brexit uncertainty forces UK FCA to re-open the TPR

In light of the ongoing Brexit discussions, the UK Financial Conduct Authority (FCA) has decided to re-open the temporary permissions regime (TPR) as from 30 September 2020. As the FCA continues to plan for all possible Brexit scenarios, including a no-deal Brexit, it encourages firms and fund managers to prepare accordingly and apply for the TPR before the end of the transition period (31/12/2020). As a reminder, in December 2017 the UK Government announced the introduction of a temporary permissions regime...
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Faegre Drinker | Further Details on the United Kingdom’s New Points-Based Immigration System

On Monday 13 July, the U.K. government published further details outlining their plan for a new immigration system which will amend the existing points-based immigration system. This system is to take effect from 1 January 2021. The 130-page document doesn’t contain a lot more detail than the proposals released earlier in the year, which we summarized in April. The new system will end free movement with the EU and represents a significant change to immigration in the U.K. The system will apply...
Brexit News, Chapter News

Getting ready for the end of the transition period with the UK: European Commission adopts “readiness” Communication

The European Commission has today adopted a Communication to help national authorities, businesses and citizens prepare for the inevitable changes that will arise at the end of the transition period. Changes will occur to cross-border exchanges between the EU and the UK as of 1 January 2021– irrespective of whether an agreement on a future partnership has been concluded or not. Commission President Ursula von der Leyen said: "The British people decided in a democratic election to leave the European Union and its benefits....
Brexit News, Member News

Vulcan Insight: Post-Brexit Negotiations: Divergences Remain

With less than 6 months until the United Kingdom is due to leave the European Union’s economic remit, “serious divergences” between the two parties remain. Spurred on by the limited progress so far and Prime Minister Boris Johnson’s official confirmation that the UK would, in fact, not request an extension to the transition period beyond the end of the year, chief negotiators Michel Barnier and David Frost agreed at the beginning of June to “intensify” negotiations, in person, on a...