Brexit News

Brexit News, Chapter News

Brexit has arrived: Where are we now? What happens next?

The United Kingdom withdrew from the European Union on 1 February 2020. The two sides are now negotiating what form future relations will take. Here is the most important information. What has happened since 1 February 2020? A Withdrawal Agreement was negotiated before the UK left the EU in order to ensure that the main political and economic links between the EU and the UK were not severed from one day to the next upon departure. This Agreement has been in...

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Brexit News

Statement by Michel Barnier following Round 8 of negotiations for a new partnership between the European Union and the United Kingdom

London, September 10 | By Michel Barnier The eighth round of negotiations on the future EU-UK partnership took place in London this week. The EU remains committed to an ambitious future partnership with the UK. This would clearly be to the benefit of both sides. Nobody should underestimate the practical, economic and social consequences of a “no deal” scenario. In order to maximise the chances of a deal, the EU has shown flexibility to work around the UK's red lines and find solutions...

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Brexit News, Chapter News

John Bruton | We need a full strength team on the pitch as Brexit reaches the endgame

It is increasingly likely that, unless things change, on 1 January 2021, we will have a no deal Brexit. The only agreement between the EU and the UK would then be the already ratified Withdrawal Agreement. There are only 50 working days left in which to make a broader agreement. The consequences of a failure to do so for Ireland will be as profound, and even as  long lasting, that those of Covid 19. A failure to reach an EU/UK Agreement...

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Brexit News, Member News

Vulcan Insight | UK Failure to Engage makes Agreement Unattainable, Barnier Says

The UK can’t have its cake and eat it too, so warned the EU’s chief negotiator Michel Barnier during his address to the Institute of International and European Affairs (IIEA) in Dublin on Tuesday. In his latest comments on the UK’s lack of engagement in negotiations over its future relationship with the European Union, Barnier stuck to the mantra that an EU-UK partnership was possible, “provided the conditions were right”. Frustration with the UK remains over its reluctance to guarantee...

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Brexit News, Chapter News

EU Commission: Getting ready for the end of the Brexit transition period

The Brexit transition ends December 31, 2020. In 5 months, the UK leaves Single Market and Customs Union. Changes are inevitable, with or without agreement on the new partnership. Companies and citizens must get ready. Even if the European Union and the United Kingdom conclude a highly ambitious partnership covering all areas agreed in the Political Declaration by the end of 2020, the United Kingdom’s withdrawal from the EU acquis, the internal market and the Customs Union, at the...

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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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Brexit News, Member News

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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Brexit News, Member News

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...

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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...

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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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