Brexit update: FCA extends deadline; EU Commission clarifies equivalence decision; Czech Republic and Malta approve no deal laws

With the EU granting the UK another flexible extension of the negotiation period around the UKs withdrawal from the EU until the 31 January 2020 and a general election on 12 December 2019, the situation remains uncertain with a no deal Brexit remaining a possibility. It therefore makes sense to continue to monitor the current status quo in the UK and the EU in respect of the risk of a no deal scenario next January.

This article forms part of the Cleveland & Co Brexit series and includes a summary on the recent politcal developments surrounding Brexit, as well as covering the no deal preparations that are being undertaken by the Czech Republic and the EU Commission’s statement further clarifying the criteria for an equivalence decision to be granted by the EU.

For more information, and any guidance or advice on the impact of Brexit, Cleveland & Co, External In-House Counsel™, your specialist outsourced legal team, are here to help.