11 weeks to Brexit: updated Brexit Legal Guide

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

Five months to Brexit: avoiding a “no deal” crisis

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

THE PROTOCOL ON IRELAND/NORTHERN IRELAND (THE BACKSTOP)

The Protocol on Ireland/Northern Ireland aims to avoid the need for a “hard border” between Ireland and Northern Ireland by creating a “single customs territory” (that is, a customs union) between the whole of the UK and the EU. The provisions of the Protocol are detailed and complex with multiple cross-references to annexes and EU … Read more

First batch of UK Government’s Brexit ‘no deal’ technical notices released

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