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Tech UK welcomes Brexit deal
The EU and UK finally agreed a deal, the Trade and Co-operation Agreement (‘TCA’), on 24 December, but what does it mean for the UK’s tech sector? The UK Government’s Summary Explainer heralds the agreement as containing ‘some of the most liberalising and...
Beyond Brexit: Competition law and subsidy control in the EU-UK Agreement
After many months of challenging negotiations set against the backdrop of a global pandemic, the EU and UK negotiators announced on 24 December that they had reached “agreement in principle” on the EU-UK’s future relationship (the Agreement). Alongside fi...
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 . ...
Carbon Pricing: making polluters pay post-Brexit
In many countries carbon pricing has become a key part of the journey to decarbonisation. Currently, the World Bank reports that there are 64 carbon pricing initiatives around the world which have either been implemented or are scheduled for implementatio...
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 ...
Is London Calling (again) for the EU Copyright Directive?
The EU Copyright Directive had appeared to be casualty of Brexit, but might now get a second wind. As Mayor of London, Boris Johnson was once asked how he listens to music, “Have you discovered this wonderful thing called YouTube? I am afraid I just dial...
Brexit preparedness check: customs and trade in goods
The transition period ends in less than three months on 31 December 2020 and negotiations between the UK and the EU on their future relationship remain unconcluded. In respect of the movement of goods between the UK and the EU (and even within the UK, bet...
UK-Japan trade agreement – what are the initial takeaways?
In September, UK Trade Secretary Liz Truss confirmed an agreement with Toshimitsu Motegi, the Japanese Foreign Minister, in the UK’s first major post-Brexit trade deal – which could potentially impact British and Japanese companies when eventually impleme...
Shape of future subsidy regime for the UK remains unclear
No new rules before the end of the Brexit transition period The UK Government has confirmed that there will be no new UK rules on subsidies in place before the end of the Brexit transition period and that it will introduce legislation that will repeal tho...
Holding back the tide? UK MAR and EU MAR to remain aligned, for the while
In Bulmer v Bollinger [1974] Lord Denning famously observed that "[EU law] is like an incoming tide. It flows into the estuaries and up the rivers. It cannot be held back." Under the European Union (Withdrawal) Act 2018, on 31 December 2020 at 11:00 pm th...