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Brexit Essentials: Born of frustration This Briefing examines the doctrine of frustration, its application to leases and the likelihood of the EMA’s lease being held to be frustrated by Brexit. Canary Wharf has made a recent application to the High Court for a ruling that Brexit will no...

Brexit Essentials: Deal or No deal - State aid This briefing summarises the challenges that might arise in relation to the state aid regime in a “deal” or “no deal” Brexit scenario In August 2018, the UK Government published a series of technical notices intended to help busin...

Brexit Essentials: Jurisdiction agreements: new developments Briefing on English jurisdiction agreements and how they can be upheld in the EU27 post-Brexit. Considers Recast Brussels Regulation in context of draft Withdrawal Agreement In the latest of our Brexit Essentials series of briefings, we consider recently...

Brexit Essentials: State aid in the UK post-Brexit - a familiar regime or a step into the unknown? State aid in the UK post-Brexit: a familiar regime or a step into the unknown? After intense speculation since the June 2016 referendum, the UK Government has announced that it is preparing to introduce a self-standing State aid regime in the UK post-Bre...

Preparing Pension Schemes for Brexit In his latest podcast Richard Goldstein focuses on Brexit - specifically the actions pension schemes should be taking now in preparation for 1 January 2021, when the transition period comes to an end. The podcast is split into three sections...

Beyond adequacy – Brexit’s wider data privacy implications Whilst adequacy and international transfers are important considerations given the amount of personal data that currently flows freely, there are other Brexit-related data privacy issues that have received less attention which also need to be addressed. A...

Brexit: Pension Scheme Preparedness This Brexit update considers actions pension schemes should be taking in preparation for 1 January 2021. At the end of the update is a short checklist of actions for pension scheme trustees. This update considers actions pension schemes should be taking...

Brexit and the Capital Markets – does equivalence need to be mutual? Analysis of capital markets “equivalence” determinations by the EU and the UK for prospectuses and accounting standards and their impact on market participants after the end of the Brexit implementation period. In the non-binding Political Declaration th...

Brexit has happened – so what’s next for securitisations? The Trade and Cooperation Agreement between the UK and the EU that has applied since then does not deal with the regulatory detail of cross-border financing transactions. Accordingly, in the context of securitisations, the EU Securitisation Regulation con...

Beyond Brexit: Competition law and subsidy control in EU-UK Agreement In this briefing, we discuss the implications of the competition law and subsidy control commitments in the new EU-UK Trade and Cooperation Agreement. After many months of challenging negotiations set against the backdrop of a global pandemic, the EU and...