Follow Us

Follow us on Twitter  Follow us on LinkedIn
 

15 March 2018

Brexit Weekly


EP recommends association agreement post-Brexit, Gibraltar, EU’s plan to shift clearing out of London, Mifid II, cost of Brexit and more.

  Jump directly to
Brexit & UK   About this email

  Articles from 08 March 2018 - 15 March 2018

  Brexit & UK
 
 
Brexit: EP recommends association agreement for future EU-UK relations
Taking into account red lines announced by the UK government, an association agreement between the EU and the UK could provide an appropriate framework for their future relationship, says the resolution adopted by an absolute majority of MEPs.  View Article
Remarks by President Donald Tusk after his meeting with Taoiseach Leo Varadkar
The Council President reminded the UK that avoiding a hard border in Ireland remains a "matter between the EU27 and UK, not Ireland and the UK," and that financial services cannot be included in a future FTA with Britain.  View Article
Gibraltar and UK Government agree measures to ensure strong relationship continues
The UK and Gibraltar have announced a series of measures to secure the strong, historic and valued UK-Gibraltar relationship.  View Article
Financial Times: Barnier: UK yet to face up to ‘hard facts’ of Brexit
Michel Barnier, the EU’s Brexit negotiator has warned that the UK has yet to face up to the “hard facts” of Brexit, as he underlined that Brussels will not grant “à la carte” access to the single market.  View Article
Financial Times: The EU’s plan to shift clearing out of London risks disaster
Splitting supervision of euro clearing between Esma, the ECB and states among ESMA, national authorities after Brexit threatens stability, writes CEPS' Karel Lanoo.  View Article
Financial Times: Brexit threatens to undo Mifid II dark pool rules
European stock trading has entered a new era with the introduction of caps on the volume of business that can be traded in private venues known as dark pools. Yet this regime may be short-lived and possibly a waste of time and resources.  View Article
Bloomberg: Hammond's Brexit appeal puts bank supervisors in tight spot
Britain says the two sides are “very close” to a transition agreement that would allow the status quo to continue for about two years. Hammond suggested last week that, once the deal is agreed, regulators could reassure businesses about future regulations that will govern their activities.   View Article
Bloomberg: Banks moving to Frankfurt to create 5,000 jobs, lobby group says
About 20 banks have decided to expand their presence in Frankfurt in preparation for Brexit, according to a lobby group.  View Article
Financial Times: EU divergence to cost UK economy most, Brexit assessment shows
The Brexit impact assessments published by the Exiting the EU Committee show that the government’s policy of allowing regulatory divergence with the EU is estimated to cost the economy the most.  View Article
The Guardian: UK will save no money from Brexit for next five years, says OBR
The UK will save no money from leaving the European Union over the next five years and could be paying its Brexit divorce bill until at least 2064, according to the government’s independent budget watchdog.  View Article
Institute for Government: New report reveals the cost of Brexit
In the six government departments most affected by Brexit, preparations for leaving the EU will cost at least £400 million in the 2017/18 financial year. The cost will jump to at least £900 million in 2018/19 – but the full cost of Brexit will not be clear for some time, says a new report.  View Article
Financial Times: Brexit to hit 5 sectors hardest, research shows
More than three-quarters of the impact of Brexit will fall on just five sectors in the EU and the UK, according to new research, and would disproportionately affect specific regions such as London in the UK and Bavaria in Germany.   View Article
Financial Times: Investors ‘reaching for their coats’, CBI chief warns
Potential investors in the UK are “reaching for their coats” because of Conservative MPs’ plans for a “hard Brexit” and the Labour party’s proposals to renationalise industry, according to one of the country’s most senior business figures.  View Article
BBC: UK should stay in a customs union, say German business groups
The BDI said it would prefer a deep form of integration between Britain and the EU after Brexit.  View Article
 

  Graham's tweets


© Graham Bishop


< Next Previous >
Key
 Hover over the blue highlighted text to view the acronym meaning
Hover over these icons for more information



Add new comment