Latest legal and regulatory news : 8th January

Latest legal and regulatory news : 8th January

 

In this issue:

Risk & Compliance

Commercial

Corporate

Information Law & TMT

Employment

Additional news—daily and weekly news alerts

Dates for your diary

Useful information  

In-house

LexTalk®In-house: a Lexis®PSL community


 

Risk & Compliance

Brexit

On 24 December 2020, after rollercoaster negotiations, the UK and EU announced they had agreed a post-Brexit TCA. At 11pm on December 31 2020 the Brexit implementation period ended, and the UK exited the EU Single Market and the Customs Union. The TCA provides for zero tariffs and quotas. It represents a fundamental shift in the EU-UK relationship with substantially reduced market access but greater UK autonomy. Phillip Souta, head of UK Public Policy at Clifford Chance, examines what the TCA covers, what it doesn’t, and what happens next. See News Analysis: Comment—Relieved? UK and EU agree post-Brexit deal and Brexit Bulletin—examining the EU-UK Trade Cooperation Agreement.

As the Brexit transition period came to an end at 11pm on 31 December 2020, marking IP completion day in the UK, the government published over 300 items of new and updated Brexit transition guidance. While many of the updates are minor, including simple amendments to reflect the end of the transition period having occurred, a significant number of new documents and webpages were also published. Topics covered include: movement of goods and services, immigration, travel, transport, professional qualifications, legal services, litigation, companies, data, telecoms, IP, life sciences, healthcare, education, energy, environment, benefits, pensions, EU funding and sanctions. Also included is guidance for legal professionals and service providers, recognition of professional qualifications and cross-border legal cases. See: LNB News 01/01/2021 1LNB News 01/01/2021 15 and LNB News 01/01/2021 17.

Law360, London: Britain’s trade deal with the EU marked the country’s final break from a regulatory framework that guided its laws for four decades, but it also left some key areas of unfinished legal realignment likely to dominate post-Brexit relations for years to come.

Subscription Form

Already a subscriber? Login
RELX (UK) Limited, trading as LexisNexis, and our LexisNexis Legal & Professional group companies will contact you to confirm your email address. You can manage your communication preferences via our Preference Centre. You can learn more about how we handle your personal data and your rights by reviewing our  Privacy Policy.

Related Articles:
Latest Articles:

Access this article and thousands of others like it free by subscribing to our blog.

Read full article

Already a subscriber? Login

About the author:
Allison is a former partner of Shoosmiths, with extensive experience of legal management and practice compliance.