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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

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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