This Primer sets out some key facts about the negotiations, including the key dates and principal actors, whilst the latest developments can be found in the BVCA’s monthly Brexit Bulletin.
In January 2017, the PM set out 12 principles that will be used to guide the Government’s negotiations as it seeks to develop a new relationship with the European Union. These are:
This was followed in February with the publication of a White Paper that provided more detail on these principles. It clarifies the Government’s willingness establish as early as possible in the negotiations the status of EU nationals currently in the UK and of UK nationals abroad. The White Paper also recommits the Government to seek “the freest possible trade” in financial services as part of a future UK-EU trade deal.
The House of Commons Library has estimated that 13.2 per cent of UK primary and secondary legislation enacted between 1993 and 2004 was EU related. In order to ensure legal certainty as we leave the European Union, the Government published what was originally called The Great Repeal Bill.
Having completed the Parliamentary legislative process across both Houses, the European Union (Withdrawal) Bill received Royal Assent and became an Act of Parliament on 26 June 2018.
The Act serves three main purposes. To:
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