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Cleppe: UK-EU Customs Union Proposals Are Unrealistic
June 06, 2018
Pieter Cleppe of the think tank Open Europe writes that remaining in a customs union with the EU after Brexit would reduce British sovereignty compared to its current status and that instead policymakers should prioritize "serious, realistic and sustainable ways" to maintain a close relationship between the UK and the EU after Britain's withdrawal from the bloc.
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EC Proposes Centralized Rules on Corporate Moves, Mergers
June 05, 2018
The European Commission (EC) recently proposed a set of centralized EU rules governing the procedures through which European companies can move across national borders, merge with other entities, or divide into multiple entities, including "effective safeguards against abusive arrangements to circumvent tax rules" or labor rights.
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MP Criticizes UK-EU "Customs Partnership" Proposal
June 05, 2018
At a recent meeting, UK Member of Parliament Jacob Rees-Mogg called a UK government proposal to form a new "customs partnership" with the EU after Brexit "a betrayal of good sense," arguing that such a partnership would require the UK to retain EU tariffs and regulatory requirements.
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Rees-Mogg: Brexit Revisions Threaten House of Lords' Standing
June 05, 2018
British Member of Parliament Jacob Rees-Mogg recently characterized a set of amendments the UK House of Lords made to Brexit legislation as "challenging the democratic will" of the people in an effort to prevent the UK's withdrawal from the EU and warned that the move threatened the legitimacy of the body.
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EU Official Points to Regulatory Equivalence as Brexit Solution
June 04, 2018
City A.M. reports that European Commissioner for financial services Valdis Dombrovskis recently identified the regulatory-equivalence model for the EU and UK financial-services industry as a "pragmatic solution" that could contribute to close economic relations between the jurisdictions after Brexit.
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