News & Analysis as of

UK Brexit Transitional Arrangements

Cadwalader, Wickersham & Taft LLP

The Impact of the Retained EU Law - Revocation and Reform - Act 2023

The Retained EU Law (Revocation and Reform) Act 2023 (the “Act”) addresses domestic law that originally derived from the European Union, known as “retained EU law”. “Retained EU law” continued to apply to the UK at the end of...more

Cadwalader, Wickersham & Taft LLP

The End of the Temporary Transitional Power: Securitisation Reporting

Brexit and the Temporary Transitional Power - On 31 January 2020, the UK ceased to be a member of the EU. Following a transition period, EU law ceased to be applicable in the UK with effect from 11 p.m. on 31 December...more

Hogan Lovells

Brexit: OLG München verneint Rechts- und Parteifähigkeit einer in Deutschland verwalteten UK Limited

Hogan Lovells on

"Brexit means Brexit" – so urteilte das OLG München Anfang August dieses Jahres. Das Gericht hatte über die Parteifähigkeit einer Gesellschaft zu entscheiden, die zwar als UK Limited gegründet wurde aber tatsächlich in...more

Morrison & Foerster LLP - Government...

Post-Brexit UK Public Procurement Reform

The Procurement Bill announced in the Queen’s Speech at the opening of Parliament in May 2021 was one of 30 new bills on the UK government’s legislative agenda for the coming year. The main aim of the Procurement Bill is to...more

Sunstein LLP

Brexit Trademark Update

Sunstein LLP on

As a consequence of Brexit, December 31, 2020, marked the end of the extension of European Union trademark and design rights to the United Kingdom. The UK Intellectual Property Office will provide an automatic extension of...more

Holland & Knight LLP

Brexit: Implications for Dispute Resolution

Holland & Knight LLP on

Brexit has well and truly arrived, and while the trade agreement that was reached on Christmas Eve 2020 is undoubtedly a very significant development in terms of the future relationship between the United Kingdom and European...more

Jones Day

Temporary Post-Brexit Regime Applies to UK Financial Institutions Operating in Italy

Jones Day on

In Short  The Situation: As of the close of the Brexit transition period ending on December 31, 2020 ("Withdrawal Date"), UK banks, UK investment firms, and UK electronic money institutions ("UK Financial Institutions") can...more

Wilson Sonsini Goodrich & Rosati

The Privacy Impact of the New Brexit Deal

On December 24, 2020, the European Commission (EC) and UK government announced the long-awaited EU-UK Trade and Cooperation Agreement (the Brexit Agreement), which sets out the future relations between the EU and the UK. If...more

BCLP

Personal Data and the UK-EU Trade and Cooperation Agreement: UK gets special “third country” status for up to 6 months

BCLP on

In spite of the holiday period, few will have missed the fact that the UK and the EU concluded a Trade and Cooperation Agreement on 24 December 2020. The Agreement provides a framework under which trade will take place...more

Latham & Watkins LLP

Data Protection Brexit Checklist: Businesses Can Rely on Personal Data Transfer Grace Period

Latham & Watkins LLP on

As the Brexit transition period draws to a close, businesses will need to consider their data protection efforts to comply with both UK and EU regimes. The end of the Brexit transition period on 31 December 2020 will have...more

Latham & Watkins LLP

New UK Sanctions and Export Controls Rules – Top 10 Takeaways

Latham & Watkins LLP on

The new rules are set to go in effect when the UK leaves the European Union on 31 December at 11 p.m. GMT. The United Kingdom’s transition period for withdrawing from the European Union is scheduled to end on 31 December...more

BCLP

Asymmetric Exhaustion of Rights between EU27 and UK set to begin at the end of the Transition Period …but for how long?

BCLP on

As the end of December 2020 approaches, IP owners preparing for the end of the transition period need to be aware of the changes being made to the exhaustion of IP rights regime, to: (i) avoid being caught off guard and...more

BCLP

Protecting your investment in databases created in the UK or the EU during the transition period (and afterwards)

BCLP on

The UK introduced the free-standing (‘sui generis’) EU database right in 1997. This right gives protection to a maker of a database, where a substantial investment has been made in either obtaining, verifying or presenting...more

Spilman Thomas & Battle, PLLC

Brexit Effects on Trademarks Beginning January 1

Trademark owners with registrations in EU where the UK is designated should soon receive notification for treatment of registrations and applications following the Brexit transition period. The Brexit transitional period,...more

Latham & Watkins LLP

IP in the UK After Brexit: What Does It Mean for UK Business and Trading with the EU?

Latham & Watkins LLP on

On 28 September 2020, the UK government made the Intellectual Property (Amendment etc.) (EU Exit) Regulations 2020 (IP Regulations 2020), which amend the intellectual property (IP) regime in the UK to reflect Brexit-related...more

Hogan Lovells

Beyond Brexit transition - The impact on corporate law and corporate transactions

Hogan Lovells on

Any deal is unlikely to have a significant impact on the laws which directly govern companies and transactions but dealmakers will need to understand the implications of issues such as merger control and data transfers. That...more

Morgan Lewis

Updates to the CMA’s Merger Guidance Documents (CMA2 and CMA56) Following Brexit

Morgan Lewis on

The UK’s Competition and Markets Authority (CMA) on 6 November published draft updates to two of its merger guidance documents (CMA2 and CMA56) in preparation for the end of the Brexit Transition Period on 31 December 2020....more

Latham & Watkins LLP

UK Announces Climate Focused Financial Services Regime

Latham & Watkins LLP on

The UK Government presents initiatives designed to green the UK economy and bolster attractiveness as an international financial centre. On 9 November 2020, Rishi Sunak, Chancellor of the Exchequer, announced several...more

A&O Shearman

Preparing for the end of the Brexit transition period – ten points relevant to mainstream debt capital market issuance

A&O Shearman on

Whilst Brexit formally happened when the UK left the European Union (EU) on 31 January 2020 (exit day), it has been treated as a Member State under Union law during the transition period established by the EU-UK Withdrawal...more

Locke Lord LLP

Never Mind the Brexit

Locke Lord LLP on

As with so many things, COVID-19 has had a major impact on our lives, our businesses and anything close to ‘business as usual’. We have taken a long break from any posts related to Brexit given the major disruptions that...more

Latham & Watkins LLP

ESMA’s STO Guidance Aims to Limit Post-Brexit Disruption

Latham & Watkins LLP on

However, ESMA’s proposed changes are less sweeping than required to achieve this aim. Should the Brexit transition period end without a UK equivalence decision, ESMA has issued guidance to limit the impact on the trading...more

Rothwell, Figg, Ernst & Manbeck, P.C.

Speed Dating in the UK? Negotiating New Data Protection Relationships with the EU

With all that has happened this year, most of us can’t wait until 2020 is in the rear view mirror.  The end of 2020, however, marks the end of the transition period provided, post-Brexit, to allow time for UK businesses and...more

Latham & Watkins LLP

UK Firms Granted Extra 15 Months for Brexit Onshoring Preparations

Latham & Watkins LLP on

The FCA, Bank of England, and PRA have published updated rules for firms post-Brexit and intend to delay many (but not all) onshoring changes. Key Points: ..The FCA has published an updated version of the FCA Handbook,...more

BCLP

Brexit’s Back, Alright… (With sincere apologies to the Backstreet Boys)

BCLP on

After three years of dominating the news (in the UK at least), Brexit has been extremely quiet for much of the year. This is hardly a surprise given that we have been in the thick of a global pandemic that has changed so much...more

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