As expected, the market access to the EU for UK financial services firms has changed post-Brexit. The implications of the Trade and Cooperation Agreement (“Agreement“) for financial services are more severe than for example trade, and the effects come close to that of a hard Brexit. Andreas Fillmann explores what this means for UK Financial Services looking … Continue Reading
With still no Withdrawal Agreement in place and eight weeks until the transition period ends, businesses should be planning now to ensure the continuity of EEA-UK data flows. Identifying affected intra-group, customer and vendor arrangements and preparing priority action plans is a crucial first step. Our guide prepared by Francesca Fellowes, Andrea Ward and Asel … Continue Reading
Personal data and its transfer over international boundaries hit the news in July 2020, yet again, as the Court of Justice of the EU (CJEU) handed down the Schrems II decision on data transfers reaffirming its strong backing for data protection rights. In October, a CJEU ruling on UK (as well as French and Belgian) … Continue Reading
At the end of the transitional period, on 31 December 2020, the chemical regulation EU REACH will cease to apply in the UK. This will automatically invalidate EU REACH registrations and authorisations held by UK companies. A stand-alone UK chemical regulation UK REACH will replace EU REACH in the UK. Anita Lloyd and Dave Gordon … Continue Reading
By judgment of 24 January 2017, the Supreme Court has dismissed the government’s appeal against the Divisional Court’s judgment in R (on the application of Miller & Dos Santos) v Secretary of State for Exiting the European Union. The court has held that parliamentary authority in the form of an Act of Parliament is required … Continue Reading
After the UK’s shock Brexit vote last month, it is now up to new Prime Minister, Theresa May, and her cabinet to formulate a plan for Britain to leave the EU. This is likely to be a long, drawn out process, with many uncertainties along the way. There is currently a huge question mark over … Continue Reading
We recently presented to the Association of Corporate Counsel (‘ACC’), Washington DC about: the timing and procedure of the withdrawal, and the negotiation of the future relationship between the UK and the EU; the consequences for UK and US companies arising from the end of the application of EU Freedoms, Mutual Recognition, Passports and other … Continue Reading
The Referendum on whether Britain will stay in the European Union or not will take place on 23 June 2016. If the Referendum results in the UK Government handing in to the European Council the notice pursuant to Article 50 (2) of the Treaty on European Union (“TEU”), then the exit process provided for in … Continue Reading
The topic of the moment in the UK is whether Brexit will be a good or a bad thing for the UK, and it seems to be polarising the nation. Stepping away from the political rhetoric and posturing, it is worth reflecting on some of the more practical issues arising from a UK exit from … Continue Reading
