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The House of Commons Foreign Affairs Committee has published a Report on the future of UK diplomacy in Europe post Brexit.
The House of Lords EU Energy and Environment sub-committee published a report on the impact of Brexit on the UK’s energy security.
In this video we take a brief look at the PRA’s recent consultation paper on branch authorisations.
The Council has adopted negotiating directives for Brexit negotiations in relation to a potential transition period.
The European Union (Withdrawal) Bill will this week move to the House of Lords where it is expected to face significant opposition.
In our latest Brexit video Jonathan Herbst and Peter Snowdon discuss what they are currently seeing in the market.
The UK Government has proposed further amendments to the European Union (Withdrawal) Bill.
The European Parliament Committee on Civil Liberties, Justice and Home Affairs has published a Report.
Following confirmation from the European Council that Brexit negotiations could move to the second phase, the European Commission has published its recommendations for the conduct of those negotiations.
HM Treasury has published a letter from Stephen Barclay, Economic Secretary to the Treasury, to Nicky Morgan, Treasury Committee Chair, concerning the onshoring of EU financial services legislation.
The EU Summit in Brussels concluded with an important decision for the future of Brexit.
The UK Government has suffered a significant parliamentary defeat in the continuing debate over the European Union (Withdrawal) Bill.
The President of the EU Commission has confirmed that, in his opinion, the UK and the EU have made ‘sufficient progress’ in the Brexit negotiations to begin talks about the future trading relationship.
The European Union (Withdrawal) Bill continues its progress through Parliament, currently in committee stage, which is expected to be concluded by Christmas.
It has been reported that the UK Government has agreed to offer to pay €40 billion as part of its ‘divorce settlement’ on leaving the EU in an effort to progress the current negotiations.
UK Finance has published a report that proposes an alternative model for a future trade framework for banking and capital markets services between the EU and the UK.
The UK Government has published on its website a speech by David Davis, Secretary of State for Exiting the European Union.
ESAM is undoubtedly an important European institution. In addition to fostering supervisory convergence it is also a regulatory supervisor in its own right.
The Bill is expected to enter the Committee stage on 21 November 2017.This briefing explains the purpose of the Bill and highlights some of the more notable points.
The financial services team has published a new video on Brexit.
The LMA believes that any sudden loss of passporting rights arising from a “no deal” Brexit could damage a variety of lending & loan market activities of UK banks unless measures are put in place.
After five rounds of Brexit negotiations between the UK and the EU, the parties are yet to start discussions concerning their future trade relationship.
The Nuclear Safeguards Bill 2017-19 was introduced in Parliament on 11 October 2017, setting out the Government’s proposals for introducing a UK specific safeguarding regime following the UK’s exit from the EU.
On 9 October 2017 the UK Government published a paper: “Preparing for our future UK trade Policy” in which it reiterates three strategic objectives for its future relationship with the EU.
The new President of the UK’s Supreme Court, Lady Hale, has sought clearer guidance from Parliament as to the extent to which UK courts should have regard to decisions of the CJEU post-Brexit.
The fourth round of Brexit negotiations has taken place between the EU and the UK. The latest talks followed Theresa May’s Florence speech, which she had hoped would provide impetus to the negotiations.
The future role of the CJEU is one of the most intractable problems in the Brexit negotiation.
Matthew Buckle, a Senior Associate in London, questions whether regulatory changes following Brexit might expose the UK to claims from foreign investors and, if so, what hurdles such claims might face.
The fourth round of Brexit negotiations is about to start and the UK wants to move to the next phase to focus on the terms of the new relationship.
Theresa May has today delivered an important speech on Brexit. Following limited progress, the Prime Minister’s speech marks an attempt to try to break the deadlock in negotiations between the UK and the EU.
The UK Government’s Future Partnership Paper on Providing a cross-border civil judicial cooperation framework contains little to disagree with.
The Financial Markets Law Committee (FMLC) has published a letter that draws attention to certain issues of legal uncertainty arising out of clause 3 of the European Union (Withdrawal) Bill 2017 (the Bill).
On August 23, the UK Government published a negotiating paper setting out various options for the dispute resolution mechanisms in (and the enforcement of) future bilateral agreements with the EU.
On the August 7, the UK’s Government Department for Digital, Culture, Media and Sport issued a Statement of Intent outlining its planned reforms of the UK’s data protection laws.
One of the outcomes that the UK Government has repeatedly insisted needs to be a consequence of the Brexit negotiations is that they will bring an end to the jurisdiction of the CJEU in the UK.
The UK Government has published its future partnership paper on post-Brexit options for enforcement and dispute resolution for UK-EU agreements.
The UK Government published yesterday its future partnership paper on cross-border civil judicial cooperation with the EU after Brexit.
The UK has published its latest position paper relating to its Brexit negotiations with the EU, this time on the issue of Northern Ireland and Ireland.
The UK published yesterday a paper on “Future Customs Arrangements” with the EU, as part of a series of papers that will provide the Government’s vision for the “new, deep and special partnership” with the EU.
There has been published a letter from the PRA to Nicky Morgan MP, Chair of the Treasury Committee.
A policy department of the European Parliament has published a study on the legal implications of Brexit.
The latest Brexit developments and their implications for employment law are the subject of this video.
The House of Lords EU Financial Affairs Sub-Committee (Committee) has published a call for evidence announcing it is launching an inquiry into financial regulation and supervision following Brexit.
Among the various issues addressed by the Government’s European Union (Withdrawal) Bill, one that has generated considerable publicity is how Brexit will impact on devolved powers.
The European Union (Withdrawal) Bill (the “Repeal Bill”) sets out, among other things, the future relationship between courts in the United Kingdom and EU law, including EU court decisions.
The Government has published its widely-publicised Repeal Bill, now titled the European Union (Withdrawal) Bill, to address the impact of Brexit EU-derived laws in the UK.
It is no secret that European lawmakers and regulators intend for euro-denominated clearing activities to be moved to the EU27 after the UK exits the European Union.
In a letter to the Financial Times, Jeremy Hunt and Greg Clark declared their commitment to maintain patient safety, support the UK life sciences industry and ensure access to new and innovative medicines.
The Prime Minister’s Lancaster House speech in January set the tone for expectations that the government was taking the UK towards a “hard Brexit”.
Until the UK withdraws from the EU, EU law will continue to apply and so the rights of EU citizens and their family members to live and work in the UK remain unchanged.
On June 21, the Queen's Speech was delivered setting out the Government’s proposed legislative programme following the recent UK General Election.
Monday January 19 marked the official start of negotiations to determine the terms for UK’s departure from the EU.
The result of the UK General Election has given rise to an additional layer of complexity for the forthcoming Brexit negotiations.
The EC and EMA have published a Q&A document concerning the legal consequences for marketing authorisation holders of centrally authorised medicines if the UK becomes a ‘third country’ after Brexit.
Following the result of the EU referendum, press coverage made much of the level of work that will be needed by the UK to extricate itself from the EU.
A claim brought in the Irish High Court to determine whether the Article 50 process can be reversed has been abandoned.
In conversation with Richard Whish QC – Mark Simpson, partner, highlights the tension between agricultural policy in Europe and its role in competition law.
The Court of Justice of the European Union (CJEU) has decided that the free trade agreement agreed by the EU with the Republic of Singapore (the EUSFTA) is a mixed agreement and will therefore need to be signed
The House of Commons Select Committee for Business, Energy and Industrial Strategy (the Committee) has published its negotiation priorities for energy and climate change policy following a sector enquiry...
On 3 May 2017, the European Commission published its recommendations for negotiation of the UK’s withdrawal from the EU.
Whether post-Brexit the draft new Prospectus Regulation is helpful will depend on how it is implemented in practice.
One of the many questions raised by the UK’s pending withdrawal from the EU is what impact Brexit will have on protections afforded to foreign direct investments in the UK and overseas.
We have recorded a webinar covering the Article 50 notification letter and its implications for the forthcoming Brexit negotiations and the Great Repeal Bill White Paper.
Brexit’s effects on antitrust and competition law will first and foremost be felt in terms of merger control.
The European Parliament has agreed a motion setting out its position in relation to the forthcoming Brexit negotiations.
Following the delivery on March 29 by the UK to the European Council of notice of its intention to withdraw from the EU, the EU Council has published its draft guidelines for the following.
The Government has today published its White Paper on its proposed “Great Repeal Bill”.
The UK Government has today formally given notice of the UK’s intention to leave the EU in accordance with Article 50(2) of the Treaty on European Union.
The Prime Minister delivered the letter to the European Authorities in relation to the Article 50 triggering of Brexit. Find out what this means for financial services.
Following the result of the EU referendum last June, questions were immediately raised regarding Scottish devolution and the future of the UK’s relationship with Ireland.
Last night, the UK Parliament passed the the European Union (Notification of Withdrawal) Bill, authorising the Government to trigger Article 50.
On March 8, 2017 the European Parliament’s Economic and Monetary Affairs (ECON) Committee held a hearing on third-country equivalence in EU financial services regulation.
The House of Commons’ International Trade Committee has published its first report identifying certain issues that it believes the Government should resolve as it prepares to trigger Brexit negotiations.
On the 22 February the World Trade Organization (WTO) welcomed the entry into force of the Trade Facilitation Agreement (TFA), the only WTO multilateral agreement that has been concluded since 1995.
Following the UK’s decision to leave the EU, the UK Government has stated in the Brexit White Paper that it will establish its own schedules for trade in goods and services at the WTO .
As the British Prime Minister stated and as was reiterated in the Government’s White Paper, the UK is seeking an ambitious and comprehensive FTA with the EU, as part of a new strategic partnership...
On Wednesday night, the House of Commons voted in favour of the European Union (Notification of Withdrawal) Bill at its third reading.
The High Court has dismissed a legal challenge regarding the question of the UK’s anticipated departure from the single market and European Economic Area (EEA).
Following the recent Supreme Court decision, the Government published the European Union (Notification of Withdrawal) Bill, which, if passed by Parliament, will provide the required authorisation.
The Loan Market Association has responded to the UK Treasury Committee's Call for Evidence on EU Exit and Transitional Arrangements.
Timing is everything. Before the UK referendum on exiting the European Union, the European Commission proposed a draft Prospectus Regulation as part of its Capital Market Union (CMU) initiative.
The Prime Minister stated in her Brexit speech on January 17 that the UK will work to negotiate a bespoke Free Trade Agreement (FTA) with the EU.
The Supreme Court has handed down judgment in the UK Government’s appeal against the earlier decision of the High Court that parliamentary approval is needed to give notice under Article 50.
On January 17, 2017, Prime Minister Theresa May delivered her much anticipated speech on the UK Government’s plan for exiting the EU.
Yesterday, the Prime Minister, Theresa May, delivered a much anticipated speech setting out the UK Government’s priorities for Brexit.
The Scottish Government has published a paper, Scotland’s Place in Europe. In this paper the Scottish Government sets out its position following the result of the UK’s referendum on the EU.
On Friday December 16, the House of Lords’ European Union Sub-Committee published its report on Brexit: financial services.
We discuss the significant expected impact on flying rights and airline ownership regulations, with a brief consideration of areas which are likely to remain unchanged.
Last week, the Supreme Court heard the Government’s appeal from the High Court’s recent decision that Article 50 cannot be triggered without Parliamentary approval.
The future of the Unified Patent Court (UPC) system had been in doubt following the UK’s vote to exit the EU as it had been created within the EU framework.
The hearing of the UK Government’s appeal against the High Court’s recent decision that Article 50 cannot be triggered without Parliamentary approval is due to commence on December 5.
On November 10, 2016, Parliament published a Briefing Paper setting out the Government’s position in relation to employment rights of workers following the UK’s exit from the EU.
The briefing note looks at recent developments and considers the key issue of equivalence.
The High Court has ruled that Article 50 cannot be triggered by the UK Government without the approval of Parliament.
Charlotte Winter, a Partner in our London office and Professor Harris QC, a barrister practising at Serle Court chambers discuss the impact of Brexit on choice of law, jurisdiction and enforcement.
Over the past two weeks, the issue of devolution has once again featured in the Brexit debate.
We take a look at some of the key themes that the industry is considering.
This is the question that has been central to debates in the House of Commons over the past week and to the legal challenge currently before the High Court.
After three months of speculation over how and when Brexit will be achieved, there have recently been two important announcements by Theresa May.
Peter Snowdon and Simon Lovegrove present a short update on Brexit.
Enforcement of judgments from civil and commercial claims, a key plank of international trade, is governed by the recast Brussels Regulation.
The Loan Market Association arranged a panel discussion on the current state of the UK real estate market on 22nd September.
For many years, parties across the EU have regularly chosen the English courts to resolve international disputes.
There is no doubt that Brexit has brought uncertainty, and the sector’s two main trade bodies, the ABPI (Association of the British Pharmaceutical Industry) and BIA (BioIndustry Association) have been quick...
The House of Lords Constitution Committee has published a report this week looking at the role the UK Government and Parliament should each play in the triggering of Article 50 of the Treaty on European Union.
At the committee last week, Anthony Browne, chief executive of the British Bankers Association, reported that UK based banks have not decided whether to move operations overseas at the moment.
A common question from companies since the referendum has been “What is the impact, if any, of the EU referendum result on existing contracts?”
Exclusive jurisdiction clauses are key to effective cross-border trade.
We identify some of the key areas that UK real estate fund managers will be considering and monitoring closely over the coming weeks and months.
The role that the EU plays in the regulation of the maritime industry has been something which has been examined and debated in the context of this summer’s Brexit vote in the UK.
The first two months following the UK’s vote to leave the EU have seen any initial shock at the referendum result largely give way to a period of relative calm.
Following the UK referendum result, capital market participants in the UK have asked whether they will still be affected by the EU’s Capital Markets Union (CMU) package of reforms.
The post focuses on the potential impact of a Brexit scenario in which passporting rights are lost, on asset finance in the transport sector in particular.
Since the UK referendum, there has been little impact on the trade finance market. Trade finance is typically short term, matching trade flows that are actually occurring.
In this briefing, we explore the changing investment landscape as a result of the UK referendum vote to leave the EU and the implications for the UK offshore wind sector.
The London market is currently the largest global centre for insuring commercial and specialty risk.
The UK has benefitted from EUR 29 billion of investment from the EIB over the last five years.
Whilst remaining optimistic that there will be a political compromise allowing continued access to the Single Market, many groups are considering how they could move their businesses to another Member State.
Much has been written about how the giving of notice by the UK under Article 50 of the Treaty on European Union will trigger a two year guillotine period leading to its withdrawal.
Balfour Beatty has recently published a paper "Infrastructure 2050: Future Infrastructure Need" which outlines the possible impact of Brexit on UK infrastructure.
As the dust settles, we consider the impact of Brexit on share plans and executive remuneration in the short, medium and long term.
Most commentators believe that Brexit, in isolation, is unlikely to have a material effect on the UK's oil and gas industry, including on UK Continental Shelf activities.
The European Insolvency Regulation provides for reciprocal recognition and enforcement of insolvency proceedings across Member States.
One of Theresa May’s first acts as Prime Minister was to appoint David Davis, as Secretary of State for Exiting the European Union.
The briefing note explores the implications of the decision to leave the EU for the financial services sector.
This briefing explores the implications of the decision to leave the EU for UK environmental legislation and controls.
In this briefing, we assess the potential implications of Brexit on UK planning law and practice.
There are various IP considerations that ought to be borne in mind now that the UK has decided to leave the EU.
In this short briefing, we identify some of the key areas that we see that asset managers will be considering and monitoring closely over the coming weeks and months.
Since Brexit, the EU law terms ‘direct effect’ and ‘direct applicability’ have at times been conflated. However, they have distinct meanings which should be clarified.
To assist your business with the initial response to Brexit, we joined forces with the Australian British Chamber of Commerce (ABCC) and HSBC to present a live briefing on Thursday 30 June.
Following calls for a further referendum on Scottish independence in light of the vote to leave the European Union, a question has arisen as to whether the Scottish Parliament could block the UK’s departure.
Parties across the world regularly choose the English courts to resolve international disputes. English courts have a reputation for consistency, honesty, transparency and technical knowledge.
There has been some debate following the referendum result on Friday June 24 as to what constitutes “notice” by the UK under Article 50 of the TEU to trigger the formal legal process for withdrawal from the EU.
The UK has voted to leave the EU. Jonathan Herbst discusses what the leave votes means in practice to you as a GC or as senior management in a regulated firm?
Immediately following the result of the EU referendum, there were calls from the Scottish National Party for another referendum on Scottish independence as 62 per cent of voters in Scotland voted to remain.
Following a vote to leave and in order to start the formal legal process the UK government will need to notify the European Council of the UK’s intention to withdraw from the EU.
Martin Coleman discusses the challenges and uncertainty facing businesses following the decision of the UK to leave the European Union.
For developments and trends impacting brands.
For legal issues surrounding consumer product law in the United States.
Data protection legal insight at the speed of technology
For Canadian M&A developments
For South African perspectives on Banking & Finance and Insurance law
For international financial services regulatory developments
For employment and labour law issues
For leading insight on legal developments in the healthcare industry
Understanding the legal challenges and implications surrounding hydraulic fracking
Australian perspectives on global insurance markets
For the latest developments in intellectual property (blog in French)
For analysis of USPTO post-issuance proceedings
For developments affecting project finance and the energy sector.
For domestic developments in securities litigation in both Canada and the United States
For the legal implications of social media
For developments in special situations law in Canada
For the latest bankruptcy and financial restructuring and insolvency developments around the globe.