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UK, EU Bank Regulators Reach Post-Brexit Cooperation Deal
April 22, 2019
Highlighting continued cooperation between UK and EU regulators to limit the negative impacts of a no-deal Brexit, bank watchdogs in each jurisdiction have reached a deal on “uninterrupted information-sharing and supervisory cooperation” in the event Britain leaves the EU without a withdrawal deal.
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EC Fines Google over Third-Party Web Advertising
April 22, 2019
The European Commission (EC) has fined Google €1.49 billion over allegations that the internet giant favored its own advertising services over those of its rivals on third-party websites, the third such antitrust fine levied by the EC against the company.
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EU Council Publishes Foreign-Policy Guidelines on Discrimination
April 22, 2019
The Council of the EU has published a set of guidelines on applying EU law on non-discrimination to the bloc’s external action, placing a responsibility on EU foreign-policy officials to pressure countries around the world to adopt the bloc’s broad anti-discrimination legislation, including on the prohibition of “hate speech.”
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UK Reaches Trade Deals with Iceland, Norway
April 22, 2019
Reuters reports that the UK government has reached an agreement with Iceland and Norway, members of the European Economic Area, to apply current rules to British trade in case of a no-deal Brexit.
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EU Council Approves No-Deal Brexit Contingency Measures
April 22, 2019
The Council of the EU has approved legislation preparing for a potential “no-deal” Brexit scenario by, among other policies, providing for social-security rights of EU and UK citizens and uninterrupted transport between Britain and the Continent in case the UK leaves without a broad withdrawal agreement.
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