The post below was first published on our Competition blog On 30 June 2021, the UK Government published its much-awaited Subsidy Control Bill.  In this update, we explore the key aspects of the proposed UK subsidy control regime.  We conclude with five key takeaways. Read more

The post below was first published on our Competition blog The EU State aid regime in its current form ceased to be applicable in the UK as at the end of 31 December 2020, when the Brexit transition period expired. Going forward, State aid or “subsidy control” in the UK will be based on the … Read more

The updated State Aid section of our Brexit Legal Guide is now available. This provides a useful overview, amongst other things, as to whether: during the transition period the existing State aid rules will continue to apply to and in the UK; after the expiry of the transition period, the Commission will retain jurisdiction in relation to any State … Read more

Today our updated Brexit Legal Guide was released. Below is a message from our Chair and Senior Partner James Palmer which accompanied the updated guide. Dear clients and professional colleagues, The outcome of the June 2016 UK referendum on EU membership ushered in a period of increasing political turmoil in the UK. When I wrote … Read more

Without an intervening event, the UK will withdraw from the EU at 11pm on 29 March 2019.   Otherwise much remains unknown. The negotiated withdrawal deal comprising a legally binding Withdrawal Agreement and non-binding Political Declaration is facing significant opposition in the UK and will not be submitted for parliamentary approval until next week. Without a … Read more

Paul Butcher and Tom Henderson have published an article in FERMA/AIRMIC’s joint Brexit Newsletter advising risk management professionals of some of the key matters that they will need to consider to prevent a Brexit-related “no deal” crisis. Given it remains uncertain whether the UK will enter a transitional arrangement with the EU lasting until end … Read more

Today the UK Government released the first of an anticipated three batches of technical notices about the impact of a “no deal” scenario at the end of March 2019. These are available here. This first batch is of 25 and includes Banking, insurance and other financial services if there’s no Brexit deal, Civil nuclear regulation … Read more

As the clock ticks down to 29 March 2019, the UK and the EU are stepping up their preparations for the possibility of a “no-deal” outcome. From a corporate governance and risk management perspective, businesses that have not done so already should carry out a Brexit assurance process in order to identify all Brexit-related risks … Read more