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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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EU Body Reviews Climate Impact Assessments
June 04, 2018
The European Environment Agency recently published a review of assessments conducted by 33 member states of the European Economic Area (EEA) regarding their vulnerability to the impacts of climate change, pushing governments to comprehensively and regularly examine potential climate impacts, including those caused by "climate-inducted migration."
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