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Brexit Manoeuvres: Brexit 2020 – The Year Ahead

Following the UK General Election on 12 December, the government now has the parliamentary majority it needs to enact its Brexit policy: an orderly exit from the EU on 31 January followed by a transition period until 31...more

Brexit Manoeuvres: Another Cliff-edge Avoided, But More Ahead

It is now clear that the UK will not go over the cliff by leaving the EU on 31 October without a Withdrawal Agreement: UK membership has been extended to 31 January 2020 (although Brexit could come sooner, if the recently...more

Brexit Postponed…and Softened?

Brexit has been postponed again, until at least 31 October 2019, but with the possibility that it may occur sooner, maybe even within a few weeks....more

UK Trade and Investment Deals With the Rest of the World

When the UK leaves the EU it will cease to be a party to the EU’s free trade and investment agreements with some 70 countries, covering some 11% of UK trade. In the event of a "No Deal" Brexit, the UK’s trade with these...more

Risk of “No Deal” Brexit Remains as Brinksmanship Intensifies

In a series of votes on 29 January, the UK parliament rejected proposals aimed at preventing the UK leaving the EU on 29 March without a Withdrawal Agreement in place. Although there was a narrow majority for a non-binding...more

"No Deal" Brexit Risk Grows

The UK House of Commons has rejected the government’s proposed Withdrawal Agreement. Unless the Agreement (or an amended version of it) is approved by the House of Commons, or the Brexit date of 29 March 2019 is postponed or...more

Brexit: UK Customs Issues "Call for Action" to Businesses

HM Revenue and Customs (HMRC) has issued a letter to 145,000 UK businesses setting out actions they need to take now to prepare for the “unlikely event of the UK leaving the EU without a deal.” More substantial steps may be...more

UK Proposes Enhanced Scrutiny of Foreign Investment

The UK government has published proposals for extending government scrutiny of investment to address the national security risks posed by acquisitions of ownership of, or control over, certain entities or assets....more

Mergers and Takeovers: UK Strengthens National Security Scrutiny

The UK government has widened the circumstances in which it may block mergers and takeovers of businesses in the military, dual-use, computing hardware and quantum technology sectors. Further strengthening of the UK rules is...more

UK Sanctions After Brexit: Licensing and Exceptions

After Brexit, while the UK is widely expected to remain closely aligned with EU sanctions, one area where the UK could offer a more business-friendly approach is the grant of licences authorising businesses to conduct...more

The sanctions landscape: what to expect in 2018

In 2017 there were a number of major sanctions developments in the EU and the US, with implications for businesses both in terms of keeping their compliance processes effective, and in terms of what to do if breaches are...more

Export Controls: 2017 Update of the EU Dual-Use Control List

The annual update of the EU’s list of dual-use items subject to export controls will shortly come into force. The UK will update its open general licences that are affected. Businesses exporting dual-use items should check...more

Brexit: Authorised Economic Operators (AEO)

After Brexit, customs declarations to UK Customs are expected to increase five-fold to 255 million annually and the UK companies making declarations to double to over 270,000. But only 0.2% of those traders have AEO status –...more

11/20/2017  /  AEO , Customs , EU , HMRC , UK , UK Brexit , Union Customs Code (UCC)

Brexit: The Clock is Ticking

The risk of a no agreement ‘cliff-edge’ is growing and the prospects for a transitional agreement, while somewhat improved, remain uncertain. The groundwork in Whitehall and the negotiations in Brussels have made only limited...more

Resolving Cross-Border Disputes Post-Brexit: UK Position Paper

Businesses and consumers need certainty over the laws that underpin trading across the borders of the EU and the millions of contracts they make each day which currently benefit from the legal certainty membership of the EU...more

Brexit: A Softer Brexit Back on the Table?

The result of the UK’s general election on 8 June has reignited speculation that the UK government might pursue a softer Brexit. In this update, we provide a reminder of the main “softer” Brexit models which had previously...more

Reminder: Modern Slavery Statement Deadline

A gentle reminder for all those with a turnover above £36 million and doing business in the UK. ...more

Brexit: The Implications of the UK General Election

The UK will hold a General Election on 8 June. While this will mean that the ongoing work of the Government on Brexit will be put on hold, the two-year deadline for the negotiations continues to draw closer....more

4/24/2017  /  General Elections , UK , UK Brexit

Brexit: Article 50 Triggered

The UK Government today formally triggered the process of leaving the EU by invoking Article 50 of the Treaty on European Union. How are the negotiations likely to affect your business? Defining your priorities, developing...more

5 Ways to Brexit–Proof Your Existing Contracts

Companies should be reviewing their existing contracts — at least those which may still apply at the point of Brexit — and amending the standard terms of business they propose to use from now on, to account for when the UK...more

Brexit: UK Trade Outside The UK

Roughly half of all UK trade is with non-EU countries1. It is argued that Brexit will accelerate the growth of this trade by enabling the UK to strike its own trade deals, particularly with the world’s largest and most...more

OFSI’s New Power to Issue Monetary Fines for Sanctions Breaches: Consultation

The consequences of breaching sanctions in the UK are due to increase in April. Prominent among the new measures is the power for the Office of Financial Sanctions Implementation (OFSI) to impose a monetary penalty and to do...more

Brexit Timing in Doubt

The UK High Court ruled yesterday that the Government cannot rely on its historic prerogative powers to launch the Article 50 process to withdraw the UK from the EU. The Government has said it will appeal the decision to the...more

Brexit Bulletin: Issues That Firms Should Be Considering Now

Four months have passed since the UK voted to leave the EU. We are still some way from knowing the likely terms of a post-Brexit agreement, even if the Conservative Party conference and other recent statements have given some...more

Tackling Modern Slavery

Pressure on businesses to do more to address slavery is ramping-up. In July, the UK Prime Minister described slavery as ‘the greatest human rights issue of our time’. Today, 18 October, marks Anti-Slavery Day in the UK....more

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