During the negotiations for the Withdrawal Agreement, much attention was paid to no-deal Brexit preparations. Both the European Commission and the UK Government issued large numbers of sectoral “preparedness notices” warning participants of the consequences of no deal and insisting that all operators need to prepare.
The attention has now turned to the negotiations on the future relationship and there is once again a risk that no agreement is concluded by the end of the transition period, with effects similar to some extent to those following a failure to negotiate a Withdrawal Agreement.
The EU Commission has therefore been gradually replacing its Brexit preparedness notices with what it now calls “readiness notices.” These are available here.
The notices are more elaborate than the former preparedness notices and not only describe the impact of a failure to agree on a future relationship, but also discuss certain consequences that will arise regardless of whether or not there is an agreement.