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Brexit News
Brexit News
30
Oct
Kristalina Georgieva, October 29, 2020 |
Chancellor, thank you very much for your kind introduction. Ladies and gentlemen, good morning. Over the last week we have been having virtual meetings for our Article IV consultation for the British economy.
We meet at a time when the UK and the world are in the grip of the worst pandemic in a century. It has already taken an enormous human toll and caused unprecedented economic disruption, including in the UK, and unfortunately we are seeing...
23
Oct
“I have concluded that we should get ready for January 1 with arrangements that are like Australia’s based on simple principles of global free trade” – Prime Minister Boris Johnson’s statement following last week’s European Council summit kicked off what can only be described as a week of very public back and forth posturing leaving us wondering whether the post-Brexit trade talks had in fact, failed.
The walkout came late on Friday afternoon, after the UK Government took issue with...
16
Oct
Statements and remarks by President Charles Michel | 15 October 2020
First of all I would like to apologise for the absence of the President of the European Commission. At the beginning of the meeting she was informed that a person considered a ‘close contact’ had tested positive. She herself tested negative today. Nevertheless, in accordance with the national rules, she has decided to self-isolate.
We have had the opportunity today to hold a debate as planned on the future relationship...
16
Oct
Not everyone realizes that, in a formal sense, Brexit has actually already happened – with effect from midnight (European time) on 31 January 2020 the UK ceased to be a member of the European Union. However you will be forgiven for not noticing much difference because with immediate effect the UK entered into the transition period which runs until 11 pm UK time on 31 December 2020. The UK and EU continue to negotiate an agreement on the future...
09
Oct
With the publication of its Internal Market Bill on 9 September 2020, the UK government has set itself on a potentially irreconcilable collision course with the EU over the issue of State aid. Indeed, this move is less a shot across the bows as it is a coach and horses driven through the current negotiations with the EU on an EU-UK free trade agreement ("FTA"), which are at a particularly delicate stage given that the Brexit transition period expires...
08
Oct
Published on 10/07/2020 19:00 in Banque de France | Speech - François Villeroy de Galhau, Paris Europlace International Financial Forum |
Ladies and Gentlemen,
It is my pleasure to conclude this Europlace International Financial Forum, and to congratulate Chairman Augustin de Romanet and his team for having overcome all obstacles. Today, Paris is, thanks to you, a financial capital of Europe…. and it is more than a short-lived satisfaction, it is a lasting and collective success. The title of today’s session...
06
Oct
With the Brexit transitional period coming to a close, and given the frequent movement of workers of all nationalities across the EU, many UK employers have questions about regulations governing work authorizations for their employees.
This GQ|Littler article summarizes the new immigration system, which will apply to both EU and Non-EU Nationals in the same way from 1 January 2021. See below, which compares the applicable rules and identifies where action is required.
Image courtesy of GQ Littler.
From 1 January 2021 a...
02
Oct
European Commission President Ursula von der Leyen on Thursday morning announced that the Commission had sent a so-called letter of formal notice to the UK Government over the UK Internal Market Bill’s alleged breach of the EU-UK Withdrawal Agreement.
Thursday’s announcement comes after Commission Vice-President Maroš Šefčovič, on 10 September, called on the UK Government to remove a number of contentious clauses from the Government’s UK Internal Market Bill by the end of September at the latest. Failure to do...
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