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No-Deal Brexit and Contemplated German Temporary Permissions Scheme for Banks, Insurers and Financial Services Providers

As it stands, the UK will cease to be a member state of the European Union (EU) as of 30 March 2019. On 24 November 2018, the UK and the EU agreed to enter into a Withdrawal Agreement (the Withdrawal Agreement). The Withdrawal Agreement provides in Article 127 (6) that during a transition period from … Continue Reading

No-Deal Brexit and EU Commission Approach: General Principle of No Contingency Measures for UK Economic Operators

As it stands, the UK will cease to be a member state of the European Union as of 30 March 2019. On 24 November 2018 the UK and the EU agreed to enter into a Withdrawal Agreement. The Withdrawal Agreement provides in Article 127 (6) that during a transition period from 30 March 2019 to … Continue Reading

Navigating the Road Ahead: Cost of Sourcing Retail Products

The UK’s retail sector is one amongst many that will be significantly affected by the country’s withdrawal from the EU following a transition period.  Yesterday we are launched the first edition of the Quarterly UK Retail Brexit Trade Review. The Review contains economic, policy and legal analysis on the impact of changed trading terms and … Continue Reading

The Future for VAT: Customs Bill White Paper

On 9 October 2017, the UK Government published its White Paper on the Customs Bill, setting out the government’s approach to legislating for the future customs, VAT and excise regimes post-Brexit. This blog looks at the VAT position. The paper seems to suggest that the government is now accepting that import VAT will be payable … Continue Reading

Minority Report

It is fair to say, this is not the result that many were expecting. Theresa May’s Conservatives, who anticipated an increased number of seats throughout the General Election campaign, find themselves the largest party in Parliament, but without an overall majority. At the time of writing, it appears that the Conservatives have struck a non-formal deal … Continue Reading

Brexit – Squaring the Circle and involving the European Court of Justice

Clash of Philosophies There is a potentially irreconcilable clash of constitutional philosophies between the UK and the EU which results in certain “no go” areas on the EU side for the forthcoming Brexit negotiations. Perspective of the EU27 The EU27’s approach is driven by the perception that the European Union is not merely representative of … Continue Reading
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