Brexit Bulletin—joint statement for fifth meeting of Specialised Committee on Financial Provisions published

Article summary

HM Treasury (HMT) has published a joint statement following the fifth meeting of the Specialised Committee on Financial Provisions, established under the EU-UK Trade and Cooperation Agreement (TCA), which took place on 27 April 2022. The meeting was co-chaired by officials from the European Commission and the UK Government. During the meeting, the EU and the UK exchanged updates on their respective tasks with both parties noting the positive engagement on the annual reporting package required by the Withdrawal Agreement. The parties reaffirmed their commitment to complying with their legal obligations under the Withdrawal Agreement, including settlement of the UK’s net liabilities under the Agreement.