Brexit News

Shearman: ESMA’s Post-Brexit Regime for UK Investment Firms – “Equivalence” or Direct Regulation?

Tuesday, March 31st, 2020

The European Union’s financial regulatory regime for third-country access in many sectors relies on a framework of “equivalence,” whereby institutions based in approved non-EU countries with similar standards may have varying degrees of access to EU markets or investors, depending on the extent to which their laws and regulations achieve equivalent outcomes to those of […]

EU-UK future relations: crucial to ensure EU leverage and unity

Friday, March 6th, 2020

Statement by David McAllister, Chair of Parliament’s UK Coordination Group, following the start of EU-UK negotiations on a future partnership on Monday 2 March. “With negotiations kicking off today, we are entering into a crucial phase that will set the tone for the future EU-UK relationship. The European Union is united; mutual trust and respect […]

Future EU-UK Partnership: European Commission Receives Mandate to Begin Negotiations with the UK

Monday, March 2nd, 2020

The European Commission welcomes the Council’s decision today, as expected, to authorise the opening of the future partnership negotiations with the UK.   The negotiating directives adopted today are based on the draft recommendation put forward by the Commission on 3 February 2020. They fully respect existing European Council guidelines and conclusions, as well as the Political […]

Brexit: What Happens on 31.01.2020 at Midnight?

Thursday, February 13th, 2020

In late September 2018, it was said to be another six months until Brexit (our News of 29 September 2018). Now it is actually about to happen. The United Kingdom (UK) will leave the European Union (EU). We summarise the key issues for you below, especially from the perspective of customs and foreign trade law: […]

Brexit: What Does It Mean for the European Union and Our Partners?

Monday, February 3rd, 2020

This is a Joint Op-Ed by the European Union’s High Representative/Vice President Josep Borrell and the European Commission’s Head of UK Task Force Michel Barnier. On 31 January 2020, the United Kingdom left the European Union. We lost a member of our family. It was a sad moment for us, for European citizens — and, […]

A new dawn for Europe: Joint op-ed by President von der Leyen, President Michel and President Sassoli

Saturday, February 1st, 2020

As the night draws in this evening, the sun will set on more than 45 years of the United Kingdom’s membership of the European Union. For us, as Presidents of the three main EU institutions, today will inevitably be a day of reflection and mixed emotions – as it will for so many people. Our […]

Brexit Will Happen Tonight. What Next?

Friday, January 31st, 2020

At midnight tonight Luxembourg time, the United Kingdom will leave the European Union. For business in the EU and the UK, nothing will change during 2020. However, everything could change from 1 January 2021 as there is still considerable uncertainty on what the future relationship between the EU and the UK will look like. This […]

Vulcan Insight Analysis of the Latest EU Developments

Friday, January 31st, 2020

Brexit: So long, farewell, auf Wiedersehen, goodbye On 23 June 2016 the United Kingdom voted by four percentage points to leave the EU. At 11 pm tonight, the UK will cease to be a member of the EU. The country will no longer have a seat at the EU decision-making table, and will enter the […]

Brexit to Begin Transition Period for Brand Owners Seeking UK Trademark Protection

Thursday, January 30th, 2020

Brand owners seeking to do business in Europe are well-advised to apply to register their key brands as trademarks. With the United Kingdom formally leaving the European Union as of January 31, brand owners seeking protection in the UK will have two choices: i) they can wait to extend their trademark registrations from the European […]

Brexit Business Brief | The UK Exits: 20 Quick Things You Should Know

Thursday, January 30th, 2020

We have gathered together for this special edition of Brexit Business Brief 20 quick points you should know as the UK enters the transition phase to negotiate its future relationship and end its 46-year marriage with the EU. The next edition will look at the EU and UK opening positions ahead of the trade negotiations. […]