EU Commission publishes draft recommendations for second phase of negotiations
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 sets out proposed approach to onshoring EU financial services legislation
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 second phase of Brexit negotiations – what can be expected
The EU Summit in Brussels concluded with an important decision for the future of Brexit.
Amendment to the European Union (Withdrawal) Bill
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.
Government memo regarding ECB opinion on CRD IV and CRR
The European Union (Withdrawal) Bill’s passage through Parliament
The European Union (Withdrawal) Bill continues its progress through Parliament, currently in committee stage, which is expected to be concluded by Christmas.
The price of Brexit
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 report – Supporting Europe’s economies and citizens: a modern approach to financial services in an EU-UK Trade Agreement
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.
David Davis speech on financial services after Brexit
The UK Government has published on its website a speech by David Davis, Secretary of State for Exiting the European Union.