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Brexit

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On 24 September 2019, the UK Supreme Court, in a unanimous judgment, held that he advice given by the Prime Minister to Her Majesty the Queen on 27th or 28th August, that Parliament should be prorogued from a date between 9th and 12th September until 14th October, was unlawful. In a landmark case, the court held that it had the authority to review whether the Prime Minister’s advice to Her Majesty was lawful. It also…

As the deadline for the UK’s withdrawal from the EU approaches and there is an increasing risk of a no-deal Brexit, it is vital for companies to understand the impacts of a no deal and how they can address the challenges to their businesses. Baker McKenzie invites you to join experts from across the UK and EU as they share their experience on steering clients through the key issues surrounding Brexit and on how businesses…

On 15 May 2019, the Federal Council announced that it had opened consultation proceedings on the trade agreement with the United Kingdom and on an additional agreement extending the provisions of the trade agreement to the Principality of Liechtenstein. The agreements are intended to ensure to a large extent the continuation of existing trade relations after the UK’s departure from the European Union. The consultation will end on 5 September. The Federal Council will submit…

On August 2, Sam Woods, Deputy Governor of the Bank of England and CEO of the Prudential Regulation Authority (PRA) indicated in a letter to Nicky Morgan, Chair of the Treasury Committee in the UK House of Commons that the greatest impact to financial stability that could arise from the UK withdrawal is “one in which there is no agreement that provides for some form of ongoing cross-border market access between the UK and the EU at the point of exit and no period of transition to this new period.”

On 15 August 2017, the UK Government published a paper setting out its plans for a post-Brexit Customs relationship with the EU (the “Paper“). The Paper is notable in that it challenges the sequencing of Brexit; proposes a temporary interim Customs Union with the EU; and proposes two post-Brexit options for the UK’s Customs Relationship with the EU: a highly streamlined Customs arrangements; or a new, unprecedented Customs partnership with the EU.