Latest thinking


Latest thinking

Progress? Interpreting the EU’s draft Negotiating Guidelines on the UK becoming a “third country”

6 April 2017

Industries: Financial Institutions
Jurisdictions: United Kingdom
Services: Administrative and Public Law, Financial Services, Government Relations and Policy Advocacy, International Trade and Investment

The Article 50 process began on 29 March 2017 and by 31 March 2017 we had the first formal indication of the approach the EU will take to the negotiations to follow.

The EU issued its draft negotiating guidelines and sparked, to its apparent surprise, much sound and fury from the UK over potential implications of the references to Gibraltar. This followed the sound and fury, or as Boris would put it “sturm und drang”, over the   UK’s eleven references to the importance of future co-operation on security in its own Article 50 notification letter.

To read more on where negotiation positions are a week on, click here.