New Trade and Cooperation Agreement: Key Highlights

The EU and UK have now agreed on the terms of a New Trade and Cooperation Agreement in regard to Brexit. This agreement covers a number of areas relating to the future relationship between the EU and the UK, but does not cover the majority of services, including financial services, in any meaningful way.

With the transition period ending on 31 December 2020, how will the terms of the Brexit agreement impact your transactions?


Brexit Agreement: Impact on Cross-Border Transactions

Our Brexit memo identifies the principal changes that took effect on 1 January 2021 that will impact cross-border transactions including:

• Financing and Restructuring considerations including on recognition of insolvency proceedings;
• Impact on Capital Markets including on EU public offerings / listings and private placements;
• Implications for Public and Private M&A and European Competition; and
• Key Tax considerations for financial services providers and corporate groups with subsidiaries in the UK and EU

• EU Antitrust Law: Regulating Big Tech
• European M&A and Corporate Governance Hot Topics Update – December 2020
• UK Competition and Markets Authority Issues New Brexit Guidance
• Brexit: U.S. Agencies Facilitate Legacy Swap Transfers
• New Covered Agreement on Insurance and Reinsurance Prudential Measures
• France – New “Inpatriates” Tax Incentives
• “Brexit”—Vote by the UK to Leave the EU