Brexit News

01 Mar
Brexit News, Member News

The Weekly Vulcan View For February 25th – March 1st 2019 Featuring Analysis Of The Latest EU Developments

Key Events This Week: Brexit – May delays meaningful vote and Corbyn backs second referendum amendment Prime Minister Theresa May announced a significant shift in her Brexit trajectory, committing to three days of indicative votes which will steer the course of her government’s policy approach. The PM had to delay her meaningful vote to March 12th because no legal concessions on the backstop have been achieved. Should her deal be defeated again, MPs will be asked to vote on endorsing a...

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27 Feb
Brexit News, Chapter News, News, Uncategorized

Implications for Business and Trade of a No Deal Exit on 29 March 2019

Produced by the Cabinet Office, HM Government  26 February 2019 Summary The Government’s primary aim is to ensure that the UK leaves the EU on 29 March with a negotiated deal which will honour the result of the referendum. However, as a responsible government, it continues to plan for all eventualities, including one in which the UK leaves the EU without a deal. Guidance for businesses and citizens on how to prepare for a no deal scenario can be found on the Government’s Exit guidance website, www.gov.uk/EUExit. Over...

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27 Feb
Brexit News, Member News

Brexit: the Luxembourg emergency legislation

By PHILIPPE DUPONT, GLENN MEYER, MARC MOUTON, CLAUDE NIEDNER,  FLORENCE STAINIER and PIERRE-MICHAËL DE WAERSEGGER On 31 January 2019, the bill of law n°7401 (the “Bill”) was issued on measures to be taken in relation to the financial sector in case of the withdrawal of the United Kingdom (“UK”) and North Ireland from the European Union (“EU”) (“Brexit”).   Said Bill relates to the scenario where, on 29 March 2019, no withdrawal agreement has been entered into between the UK and the EU (“No-deal...

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26 Feb
Brexit News, Chapter News, News, Uncategorized

VIDEO: A second Brexit referendum is back on the table. What might be on the ballot?

  Jeremy Corbyn, leader of Britain’s opposition Labour Party, announced today that he was prepared to back a second referendum on Brexit. A People’s Vote would give Britons a chance to state their views with far greater knowledge than they had at the time of the 2016 referendum, but the question of what should be on the ballot would itself be highly divisive. Agreeing on the form a referendum should take would do nothing to calm Brexit tensions. Compliments of The...

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26 Feb
Brexit News, Member News

Brexit Update: Ongoing Uncertainty

By Mark Callahan | Littler In late 2018, Prime Minister Theresa May, head of the United Kingdom’s executive branch, and the European Union agreed to a draft form of the agreement that sets out the terms of the UK’s withdrawal from the EU (colloquially known as the ”Withdrawal Agreement”). However, in recent months Parliament has voted against Mrs. May’s deal, whilst the EU has made it clear that it does not wish to renegotiate its terms. As such, the future of...

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25 Feb
Brexit News, Member News

Luxembourg Brexit Bill for the Financial Sector

By Ezechiel Havrenne |Jad Nader | Miryam Lassalle | Josée Weydert | Greet Wilkenhuysen On 31 January 2019, the Luxembourg finance minister introduced a bill (n° 7401) on measures to be taken in relation to the financial sector in the event the United Kingdom (the "UK") leaves the European Union (the "EU") without reaching an agreement on the final terms of its withdrawal (the "Bill"). The Bill is currently pending before the Finance and Budget Committee of the Luxembourg Parliament. In the event...

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25 Feb
Brexit News, Chapter News, News

British Foreign Secretary Jeremy Hunt spoke to POLITICO in a brief interview Thursday. Advice to Trump: Take advantage of alliances

By NAHAL TOOSI If British Foreign Secretary Jeremy Hunt could offer some advice to Donald Trump — advice he knew the U.S. president would actually take — he’d tell him to take advantage of international alliances, because “America has a lot of friends all over the world that share American values.” It’s advice that comes as Britain, on the verge of leaving the European Union, hopes to maintain the critical security and economic partnership it has long had with the United...

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22 Feb
Brexit News, Member News, News

Tensions heighten in Westminster as MPs break away from main parties

With less than a week to go until the House of Commons is set to vote again on amendments relating to the proposed Brexit deal, 11 MPs decided to split from their parties. In an announcement on Monday morning seven Labour MPs Luciana Berger, Chris Leslie, Angela Smith, Gavin Shuker, Mike Gapes, Ann Coffey and Chuka Umunna decided to leave their party over the leadership’s alleged failure on having a coherent Brexit policy and in addressing antisemitism within the party. A...

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22 Feb
Brexit News, Chapter News, News

Ensuring safe flying after Brexit

The EU is taking the steps needed to continue to ensure a high level of aviation safety in its airspace in the event the UK leaves the EU without a negotiated agreement. Member states' representatives meeting in the Council's Permanent Representatives Committee today approved an agreement with the European Parliament on a draft regulation aimed at ensuring the continued validity of certain aviation safety certificates. The regulation covers aviation safety certificates for certain aeronautical products, parts and appliances issued to...

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21 Feb
Brexit News, Chapter News, News

Brexit is blowing up British politics

Analysis by Luke McGee, CNN With Brexit day only weeks away, and still no deal in place, now might not seem the best time for British politicians to flip the table over. But this week, 11 Members of Parliament have done exactly that. On Monday, seven members of the opposition Labour Party announced that they were fed up of their leader Jeremy Corbyn, citing reasons ranging from rampant anti-Semitism to his lack of leadership on Brexit. They will now sit as...

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