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UK and EU reach Brexit trade deal – good news, but still expect some disruption in 2021

The announcement that the UK and EU have (at long last) reached agreement on the trade aspects of their future relationship is obviously very welcome news for business. In particular, it avoids the prospect of an acrimonious break with the UK's biggest trading partners and will mitigate some (but by no means all) of the adverse trade impacts of the UK leaving the EU Single Market and Customs Union.

Brexit: UK and EU competition law from 2021

This briefing was updated in February 2021.

What difference does the end of the Brexit transition period on 31 December 2020 make to UK and EU competition law? And how likely is it that the UK will increasingly diverge from the EU in its approach to competition law?

Post-Brexit plans for UK financial services and fintech: overly ambitious or a phoenix from the ashes?

It has been just over a week since Chancellor Rishi Sunak made a statement to Parliament setting out the Government's approach to financial services following the UK's imminent departure from the EU on 31 December; a statement that has since sparked much debate, intrigue and (cautious) excitement in the fintech, market infrastructure and payments space. 

Exporting Dual-Use items to EU Member States from the UK: The new rules

On 16 October 2020, the UK’s Export Control Joint Unit ("ECJU") issued a timely reminder to UK businesses that an Open General Export Licence ("OGEL") will be required where a business is exporting dual-use items, as set out in Annex 1 of EU Regulation 428/2009 (the "Dual-use Regulations"), to any EU member state, and the Channel Islands, from 1 January 2021.

Retained EU case law: Court of Appeal to be allowed to diverge

The Government has published draft legislation extending the ability to diverge from retained EU case law to the Court of Appeal and other courts at the same level (in addition to the Supreme Court).  It had also been considering allowing the High Court and other courts at the same level to diverge, but this option is not being pursued. How significant is this change likely to be in practice?

Brexit: what difference does no deal make?

The UK has recently indicated that, unless there is a "fundamental change in approach" from the EU, it is prepared to exit the transition period without a trade deal. In this briefing, we highlight the key areas where "no deal" is likely to make a difference. 

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