Brexit News

Brexit News, Chapter News

Brexit deal: how new EU-UK relations will affect you

EU-UK relations are changing following Brexit and the deal reached at the end of 2020. Find out what this means for you. The UK left the EU on 31 January 2020. There was a transition period during which the UK remained part of the Single market and Customs Union to allow for negotiations on the future relations. Following intense negotiations, an agreement on future EU-UK relations was concluded end of December 2020. Although it will be provisionally applied, it will still...

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Stibbe | Never fear, a post-Brexit competition law checklist is here

On 1 January 2021, the United Kingdom completes the process of separating from the European Union. However, the split between the UK and EU regimes will be a gradual process rather than a swift surgical cut, due to the treatment of ongoing cases and various substantive connections. Nevertheless, now is the time for companies to incorporate any (potential) additional merger filing obligations and antitrust implications into their daily routines. It is also advisable to double-check whether current agreements may...

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Brexit News, Chapter News

EU-UK Trade and Cooperation Agreement: protecting European interests, ensuring fair competition, and continued cooperation in areas of mutual interest

After intensive negotiations, the European Commission has reached today an agreement with the United Kingdom on the terms of its future cooperation with the European Union. President of the European Commission, Ursula von der Leyen said: “It was worth fighting for this deal because we now have a fair and balanced agreement with the UK, which will protect our European interests, ensure fair competition, and provide much needed predictability for our fishing communities. Finally, we can leave Brexit behind us and look to...

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What The Brexit Trade Deal Means by John Bruton

By John Bruton, former Taoiseach, Irish Prime Minister, and former EU Ambassador to the United States The Trade and Cooperation Agreement between the EU and the UK is an exercise in damage limitation. The UK will face numerous obstacles because of its decision to leave the EU, including leaving the Customs Union and Single Market. But it was in nobody’s interest to add to these obstacles. That was the spirit in which the EU approached the negotiation. The Agreement may run to...

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Brexit News, Chapter News

Agreements reached between the United Kingdom of Great Britain and Northern Ireland and the European Union

NOTE: The Trade and Cooperation Agreement and other agreements below are provided for information only. No rights may be derived from them until the date of application. The numbering of the articles is provisional. The United Kingdom and the European Union have agreed a Trade and Cooperation Agreement, an Agreement on Nuclear Cooperation and an Agreement on Security Procedures for Exchanging and Protecting Classified Information. These Agreements are designed to honour the instruction of the British people – expressed in...

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Brexit News, Member News

The Brexit Trade Agreement Is a Fair Deal

By EACCNY member Georges Ugeux | CEO at Galileo Global Advisors and Adjunct professor Columbia Law School. “The clock stopped ticking. Today is a day of relief,” E.U. negotiator Michel Barnier said at a news conference in Brussels. “But tinted by some sadness, as we compare what came before with what lies ahead.” First of all, let’s salute the achievement and its authors. The dramatic breakthrough of the Brexit Trade Agreement is avoiding complete chaos of the export and imports of goods...

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Brexit News, Chapter News

EU-UK Trade and Cooperation Agreement: A new relationship, with big changes – Overview of consequences and benefits

On 1 January 2021, the United Kingdom will leave the EU Single Market and Customs Union, and all EU policies. This was its choice. As a result, it will lose all the rights and benefits it had as an EU Member State, and will no longer be covered by the EU’s international agreements. This will bring far-reaching changes, affecting citizens, businesses, public administrations and stakeholders in both the EU and the UK. To limit the disruption insofar as possible,...

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Brexit News, Member News

Vulcan View The latest EU developments – December 18, 2020

Cautious optimism takes over in final negotiation weeks European citizens and businesses may find some additional gifts under their Christmas trees this year if all works out. Not only is the European Medicines Agency set to approve the first COVID-19 vaccine for Europe on Monday, but EU and UK negotiators may finally be close to agreeing the post-Brexit trade relationship. After months of growing pessimism on both sides of the English Channel over whether chief negotiators Michel Barnier and David...

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Speech by Michel Barnier in plenary session of the European Parliament Today

Madame President, Ladies and Gentlemen, Thank you for this new opportunity to take stock of this very long and extraordinary negotiation that I have the honor to lead on behalf of the Commission and on your behalf for more than four years now. Together, with your Parliament and the Council, we have already succeeded in enabling an orderly withdrawal of the United Kingdom, as it wished. It is for this withdrawal agreement that Maroš Šefčovič has just spoken of,...

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Orrick | Brexit Privacy Guide: Five Things You (Might) Have to Think About Before 2021

With the end of the Brexit transition period rapidly approaching and the United Kingdom (UK) poised to become a “third country” after it leaves the European Union (EU), the UK and the EU have yet to reach any “deal” on how the transfer of personal data should be dealt with starting January 1, 2021. With the negotiations deep into their final phase, the advice from regulators, including the UK’s Information Commissioner’s Office (ICO), is that organisations should be taking...

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