Navigating Brexit, and beyond
The Brexit transition period ended at 23:00 on December 31, 2020 and the UK-EU Trade and Co-operation Agreement has now come into effect.
The UK’s decision to leave the EU presents opportunities and challenges. Here, we set out some of the key issues businesses will need to consider.
Our Brexit Q&As provide the answers to some of the common questions
our clients have about the transition and beyond, tailored to your sector or industry.
Antitrust and competition
Choice of Law, jurisdiction and enforcement
Contractual and counter-party risk
Employment and labor Enforcement Implementation period Insolvency
Intellectual property Real estate and environment Tax
Following the end of the Brexit implementation period, the recast Brussels Regulation ceased to apply to the UK. At the same time, the UK acceded in its own right to the Hague Convention on Choice of Court.
The United Kingdom’s (UK) departure from the European Union (EU) on January 31, 2020 and the subsequent expiry of the transitional provisions on December 31, 2020 has profound implications for trading activities in financial instruments and physical commodities.
With the global economy reeling from the body-blow dealt by the COVID-19 pandemic, Brexit—the UK's exit from the European Union—became fully effective at the turn of the year with the expiry of the implementation period on 31 December 2020.
© Norton Rose Fulbright LLP 2021