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Deal or No Deal - UK Government issues technical notice on data protection This article analyses the UK Government’s technical notice on a potential no Brexit deal scenario, with a focus on transfers of personal data outside the EEA. On 13 September, the Government published its technical notice on data privacy if there is no Br...

Tax and the City briefing for September 2018 Mike Lane and Zoe Andrews consider, inter alia, the substance requirements for corporate residence, the input tax deduction rules for financial services post-Brexit, and the divergence of views on the transfer pricing aspects of financial transactions. J...

Will the UK regulate AI? In this briefing we look at the Government's approach to regulating AI, set out in its response to the House of Lords AI report and its recent Brexit White paper. We also highlight some other issues discussed in the Government's response to the Lo...

FCA finalised guidance on its approach to Part VII insurance business transfers FCA guidance; Part VII transfers; Brexit-related transfers Briefing note discussing the FCA’s finalised guidance on its approach to Part VII insurance business transfers – FG18/4. Key points discussed include: the extent to which the gu...

Tax and the City Review - April 2025 In their latest Tax and the City article, Mike Lane and Zoe Andrews consider: The implications for the insurance industry of the FTT’s decision in Hastings that the UK legislation was ineffective to prevent “offshore looping” of insurance services at the...

Henry's back... The release of Sue Gray’s update report on 31st January somewhat overshadowed the Prime Minister’s announcement of a Brexit Freedoms Bill, timed to coincide with the two-year anniversary of the UK’s withdrawal from the European Union. On exit day retaine...

A reprieve for EU-UK data flows but other data privacy implications remain Many will have breathed a sigh of relief when the news filtered through that the EU-UK Trade and Cooperation Agreement agreed on 24 December included a temporary solution for the continued free flow of personal data between the EU and the UK. This ‘bridg...

UK tax after IP completion day Although the UK left the EU at 11pm on 31 January 2020, most people would not have noticed any change because the effect of the transitional arrangements under the UK-EU Withdrawal Agreement deferred many of the legal effects of Brexit in UK law. The UK w...

What the deal means for financial services: No change for now The Brexit trade deal lays down the details of the future relationship between the UK and the EU. The main document is the UK-EU Trade and Cooperation Agreement (TCA) which (at the time of writing) is in force provisionally, with ratification to follow . ...

Timed out? On-shoring the EU’s COVID capital markets quick fixes Irrespective of COVID, the Brexit clock continues to tick down to 31 December 2020, the day the implementation period ends. On IP completion day, under the European Union (Withdrawal) Act 2018, the body of EU law then applicable will be converted into UK ...