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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...

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...

IPR enforcement and EU Customs Regulations post Brexit - more work for IPR owners Customs detention of articles suspected of infringing intellectual property rights (IPRs) can be an incredibly useful tool for IPR owners in the battle against counterfeit goods. This was especially the case with the EU Customs Regulations, under which...

The future of remuneration: to CRD V and beyond... The Capital Requirements Directive V (known as CRD V) introduces a number of remuneration requirements affecting banks, building societies and designated investment firms. The UK is required to onshore these requirements under the terms of the EU...

Corporate reporting in the post-Brexit world With little sign of substantive progress in the negotiations on the future of the UK-EU relationship, UK companies must once again consider preparing for the possibility of a no-deal or “minimal deal” scenario at the end of the transition period (31...

3 July talks end in deadlock The Brexit talks re-started in London this week, with parties seemingly some way apart on a number of issues after last week's talks ended in deadlock. This briefing, prepared by Tolek Petch, lawyer in our trade unit, surveys the state of play as at 3...

Will there be a deal? The Brexit talks are ongoing – until a deal is in clear sight, businesses must remain mindful of the WTO alternative. This briefing, prepared by Tolek Petch, lawyer in our trade unit, contains a reminder of the key aspects of the WTO regime.

EU Copyright regulation after the Brexit transition period As the UK enters the final six months of its countdown until the end of the transition period on 1 January 2021, the European Commission (EC) has published a stakeholder notice on certain implications for copyright and related rights. In particular, this...

Brexit and Bail-in clauses The EU Bank Resolution and Recovery Directive (“BRRD”) gives powers to EEA regulators to write down or convert into equity a failing institution’s liabilities. This power is effective in respect of liabilities under a document governed by EEA law, but is...

The slow but inevitable shift from the EU financial services rulebook In recent weeks, we have gained some limited visibility on the UK’s intentions for the post-Brexit regulatory framework for financial services in a series of written statements, papers, and consultations. These documents refer to a range of regulatory...