EU-UK Trade and Cooperation Agreement – Tax

The Trade and Cooperation Agreement (TCA) is generally light on tax content. A significant point to note is that the parties’ commitments regarding tax are based on global OECD/BEPS standards, rather than EU standards. This is consistent with the general approach taken in the TCA. The key tax provisions are set out in this blog … Read more

European Union (Future Relationship) Act 2020 and commencement regulations

European Union (Future Relationship) Act 2020 and commencement regulations The European Union (Future Relationship) Act 2020 has been published, having been given Royal Assent on 30 December 2020. The Act implements the Trade and Cooperation Agreement (TCA), the Agreement on Nuclear Cooperation and the Agreement on Security Procedures for Exchanging and Protecting Classified Information, as … Read more

New year, new UK sanctions regime

The post below was first published on our FSR and Corporate Crime blog Upon the end of the Brexit transition period at 11pm on 31 December 2020, the UK ceased to implement EU sanctions. UK sanctions are now in force under the UK’s domestic sanctions regime, the framework for which is contained in the Sanctions … Read more

EU-UK Trade and Cooperation Agreement – Implications for Mobility

In this blog post we look into the implications of the EU-UK Trade and Cooperation Agreement on mobility. In summary: UK nationals can visit the Schengen zone* for tourism or business purposes for up to 90 days in total in any 180 day period. This can be a single visit or a number of visits. … Read more

Initial commentary on the new Trade and Cooperation Agreement

On Christmas Eve, the UK and EU finalised the Trade and Cooperation Agreement (TCA) that governs their future trading and security relationship and came into effect when the status quo transition ended at 11pm 31 December 2020. At 1259 pages, it is a complex deal that will take time for businesses, governments and authorities to … Read more

EU-UK Trade and Cooperation Agreement – implications for Aviation

The new trade and cooperation agreement between the EU and UK (the “Agreement”) contains a chapter governing the EU/UK aviation relationship, reflecting the EU’s intention to comprehensively address that relationship within the scope of the envisaged partnership between the EU and UK. A brief overview of the key provisions follows below. The Agreement also establishes … Read more