INTRODUCTION 1. The European Union, hereafter referred to as “the Union”, and the United Kingdom of Great Britain and Northern Ireland, hereafter referred to as “the United Kingdom”, ("the Parties”) have agreed this political declaration on their future relationship, on the basis that Article 50(2) of the Treaty on European Union (TEU) provides for the negotiation of an agreement setting out the arrangements for the withdrawal of a departing Member State, taking account of the framework for its future relationship with the Union. In that...

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The consequences of Brexit for the French and European financial sectors Ladies and gentlemen, I am delighted to welcome you along with Bernard Delas to this new conference organised by the ACPR, which this morning will focus on the consequences of Brexit for the financial sector. This issue is admittedly constantly evolving in line with current events... I welcome the agreement that was reached between the European negotiators and their British counterparts last week and we all hope that it will...

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Brussels, 14 November 2018 The negotiators of the European Commission and the United Kingdom have today reached a deal on the terms of the Article 50 Withdrawal Agreement. All aspects of the Withdrawal Agreement have now been finalised and agreed at negotiator level. This agreement marks a decisive moment in the negotiations. The European Commission therefore recommended to the European Council (Article 50) to find that decisive progress has been made in the negotiations on the orderly withdrawal of the United...

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The United Kingdom has decided to leave the European Union, invoking the procedure foreseen by Article 50 of the Treaty on European Union. The Commission regrets this decision, but respects it. On 30 March 20192, the United Kingdom will become a third country. All Union primary and secondary law will cease to apply to the United Kingdom from that moment, unless a ratified withdrawal agreement establishes another date. As emphasised in the Commission’s first Brexit preparedness Communication of 19 July...

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