Brexit News

Brexit FAQs: Entering the Transition Period – 31 January 2020

Wednesday, January 29th, 2020

On 31 January 2020, the UK will formally leave the European Union, after over 40 years of membership. The UK’s relationship with the EU will no longer be governed by the EU Treaties, but instead by the terms of the Withdrawal Agreement agreed between the UK and the EU in late 2019. Following that agreement, […]

The EU-UK Future Relationship: EU Announces Its Timetable For Cross-Border Equivalence In Financial Services

Wednesday, January 15th, 2020

The U.K. House of Commons has approved the Withdrawal Agreement. Assuming this is ratified by the EU, and Royal Assent is achieved in time, the U.K. will leave the EU on January 31, 2020, entering into a “transition” or “implementation” period during which most of the EU’s arrangements and legal regime will continue to apply […]

Osborne Clarke Timelone for Brexit 2020

Wednesday, January 15th, 2020

Timeline for Brexit 2020 7 January Withdrawal Agreement Bill returned to the House of Commons. 9 January Third reading of the WAB and end of Commons stages of the WAB. 13 January WAB passed to the House of Lords. Although some Lords may attempt to amend the WAB, the House itself will be mindful that […]

Vulcan Insight Analysis of the Latest EU Developments 25 – 29 November 2019

Monday, December 2nd, 2019

Von der Leyen Commission confirmed Wednesday saw the confirmation of Ursula von der Leyen’s Commission by the European Parliament, with 462 votes in favour, 157 against and 89 abstentions. Before the vote, von der Leyen presented her agenda for the coming years, outlining digitisation, climate change and financial services as her top priorities. Von der Leyen […]

A ‘Brexit’ General Election kicks off in the UK

Monday, November 11th, 2019

On Tuesday afternoon the European Council President urged the United Kingdom to ‘please make the best use of this time’ as it officially entered the first day of the 2019 General Election. The outcome of the upcoming election remains unpredictable at best, as the disruptive force of Brexit continues to plague British politics.

Vulcan Insight | Analysis of the latest EU Developments 28 October – 1 November 2019

Friday, November 1st, 2019

Key Events This Week Brexit is just a stage This week the European Council opted to extend Article 50 until 31 January 2020 to allow more time for the ratification of the Withdrawal Agreement. If the UK Parliament passes the Withdrawal Bill, Brexit could take place earlier on 1 December 2019 or 1 January 2020. […]

Brexit Update: U.K. General Election Set for 12 December 2019

Wednesday, October 30th, 2019

By Huw Beverley-Smith, James Ellis-Rees, Christopher Jefferies | The Faegre Baker Daniels The United Kingdom’s (U.K.) exit from the European Union (EU) has been delayed until 31 January 2020, prolonging uncertainty for individuals and businesses on both sides of the Atlantic. The U.K. Parliament has decided to use this time to hold a general election […]

Brexit: European Council adopts decision to extend the period under Article 50

Tuesday, October 29th, 2019

The European Council has adopted a decision to extend the period under Article 50.3 (of the Treaty on the European Union), in the context of the UK’s intention to withdraw from the EU. The extension will last until 31 January 2020 to allow more time for the ratification of the withdrawal agreement. The withdrawal can take place earlier on […]

Vulcan Insight | Analysis of the latest EU Developments 21-25 Oct 2019

Friday, October 25th, 2019

Key Events This Week Brexit – so close yet so far Saturday’s special meeting of the UK Parliament resulted in Prime Minister Johnson having to reluctantly write to EU Council President Donald Tusk to seek an extension until January 31st 2020. President Tusk has recommended that EU27 leaders grant the extension request. This is likely […]

The Boris Version of Brexit

Thursday, October 24th, 2019

Make no mistake about it, the latest version of Brexit is a very hard Brexit. The UK Government has abandoned the legally binding commitment in the previous deal to align with EU regulatory standards to the greatest extent possible. That is now dropped in favour of a political aspiration.