Brexit News

Brexit News

Press statement by Vice-President Maroš Šefčovič following the second meeting of the EU-UK Joint Committee

Good afternoon everyone! I am happy to report back to you today after our second meeting of the Joint Committee on the implementation and application of the Withdrawal Agreement. On the EU's side, I was joined by Michel Barnier, the European Commission's Chief Negotiator, as well as 15 Member States representatives And I would like to thank sincerely Michael Gove and his team for their constructive attitude today. I have to underline that the meeting took place in a very...

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Brexit News

Addendum to the Terms of Reference on the UK-EU Future Relationship Negotiations

In line with the Terms of Reference agreed on 28 February by the United Kingdom and the European Commission, and taking into account the current state of the negotiations after four rounds, the following forward process is established, in order to  intensify the talks and to create the most conducive conditions for concluding and ratifying a deal before the end of 2020: Negotiating rounds will take place in July, August and in September, unless agreed otherwise between the Subject...

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Brexit News, Chapter News

Speech by President von der Leyen about negotiations for a new partnership with the United Kingdom

June 17, 2020 | Speech by President von der Leyen at the European Parliament Plenary on the preparations for the European Council of 19 June 2020, and the negotiations for a new partnership with the United Kingdom "Check against delivery" Mr President, Honourable Members, The negotiations with the United Kingdom always promised to be difficult. And they have not disappointed. Two days ago, President Sassoli, President Michel and I discussed the way forward with Prime Minister Johnson. The Prime Minister confirmed that...

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Brexit News, Chapter News

Statement by Michel Barnier following Round 4 of negotiations for a new partnership between the European Union and the United Kingdom

June 05, 2020 | Statement by Michel Barnier "Check against delivery" Ladies and gentlemen, I am happy to be with you again, virtually, at the end of this fourth round of negotiations. Since the beginning of these negotiations, our objective has been to move forward – in parallel – on all topics of our future relationship – and there are many given that we are aiming for a very ambitious partnership. To achieve this, as I told you at the end of our last...

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Brexit News, Member News

FaegreDrinker: Brexit Briefing, U.K. and EU Hold Second Round of Negotiations

May 7, 2020 | Between April 20 and 24, the European Union (EU) and the United Kingdom (U.K.) conducted the second round of negotiations on their future trading relationship. Due to the coronavirus pandemic, the EU's chief negotiator, Michel Barnier, described the talks as slightly “surreal”. However, both the EU and U.K. remain keen to continue the talks, since two important deadlines are approaching this year. Transition Period – Extension or Exit? After the U.K. left the EU at the end of...

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Brexit News, Member News

OsborneClarke: Tax changes in the UK and the EU, An update for US businesses with European operations

April 15, 2020 | Covid-19 It is difficult at the moment to look beyond Covid-19 and the impact that it is having on our lives and the economy. Like all sections of the economy, taxes need to be considered when responding to this crisis. In the UK, the government has announced a range of emergency tax measures designed to help businesses deal with the fallout from the outbreak. These include a deferral of VAT payments and a relaxation of Time to...

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Brexit News, Member News

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

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 law. The EU’s equivalence regimes have been given increased prominence as a result of Brexit, since they are the means by which the...

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Brexit News, Chapter News

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

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 should prevail to ensure the best possible outcome for both parties. EU negotiator Michel Barnier and his team can count on the European Parliament's full...

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Brexit News, Chapter News

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

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 Declaration agreed between the EU and the United Kingdom in October 2019. The comprehensive negotiating directives define the scope and terms of the future partnership that...

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