Legal News (Brexit)

The short answer is – yes, it is – temporarily at least. This article looks at what the current arrangement is between the UK and the EU for financial services suppliers now that the UK no longer holds a financial services passport, and what the future of the relationship is for this sector. 

On Christmas Eve, not long before the 31 December 2020 Brexit negotiation deadline, the European Union and the United Kingdom finally reached consensus regarding the terms of their future relationship. 

As 2020 draws to a close, I would like to thank you on behalf of all at Hayes solicitors for your continued support throughout the year. 

This month has been a busy one for the United Kingdom and the European Union in seeking to agree the terms of their future relationship before the end of the Brexit transition period on 31 December 2020. 

Like many aspects of Brexit, the fate of UK competition law, and its relationship with EU competition law, remains undecided. The outcome is somewhat dependent on whether a no-deal Brexit occurs.