The Brexit Trade and Cooperation Agreement (TCA) finally enters into full force on 1 May 2021
BrexitThe Brexit-related Trade and Cooperation Agreement (TCA) between the EU and the UK was announced on Christmas Eve 2020.
BrexitA proposed Canadian M&A deal – which has just been abandoned because of EU opposition to the deal - gives a glimpse of possible future tensions between the EU and the UK over Brexit.
BrexitThe adoption in December 2020 of the Trade and Cooperation Agreement between the European Union and the United Kingdom was welcomed because it avoided a No Deal Brexit.
BrexitDespite being announced on 24 December 2020 and signed on 30 December 2020, the TCA is still not in full force. For example, it is still only "provisional". The European Parliament and the European Council have yet to sign off on the document. It is expected that they will sign off by the end of April 2020. So, Brexit is not yet done!
BrexitUK insurers and intermediaries have until 31 March to notify the Central Bank of Ireland (CBI) of the application to them of the temporary run-off regime provided for in Part 10 of the Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Act 2020.
BrexitThe Brexit transition period expired on 31 December 2020. From 1 January 2021 new rules apply when dealing with UK entities regarding which courts have jurisdiction to deal with disputes; how any UK court judgment can be enforced in Ireland and how to serve UK entities with Irish legal proceedings.
BrexitAs of 1 January 2021, the United Kingdom is no longer part of the EU's internal energy market and the framework for energy trading between the UK and the EU is governed by Title VIII of the EU-UK Trade and Cooperation Agreement.
BrexitThe EU and UK concluded a Trade and Cooperation Agreement effective from 1 January 2021. There is little in it for financial services and the implications for Irish regulated investment funds are, for the moment at least, effectively the same as if there had been no-deal.
Asset Management & Investment FundsThe European Union (EU) and the United Kingdom (UK) have agreed a Trade and Cooperation Agreement which took effect from 1 January 2021.
BrexitVincent Power, Head of EU, Competition and Procurement at A&L Goodbody explores the challenges facing the UK if its people ever wanted to rejoin the EU.
BrexitBy 1 January 2021, the Brexit transition period will have come to an end; whilst there may be a lot of uncertainty moving forward into the New Year, the UK government are now outlining the changes that will occur regarding the UK's public procurement process.
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