Negotiation Period

During the negotiation period, EU laws will still apply to the UK.  The UK will not participate in discussions or decisions within EU institutions relating to its own withdrawal, but will continue to participate in other EU business as normal.

The negotiations will cover matters including the trading of goods and services, immigration, financial passporting rights and a new EU-UK regulatory framework.

Matters decided in negotiations will also need to be approved by a majority of EU leaders, MEPs, and potentially also national parliaments and some regional parliaments.

In short, there is a large amount to be negotiated and approved by a significant number of organisations during a two-year period.  It is possible that there will need to be transitional arrangements for some existing arrangements while the UK and the EU continue to negotiate after the end of the two-year period.

MWE Brexit Resources

We will be providing regular updates on our Brexit Resources webpage, including our forthcoming analysis of the terms of the Article 50 Notice and what it suggests about the UK’s possible approach to negotiations.