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German Officials Consider UK Fee for Market Access
July 20, 2017
Reuters reports that, in order to defray the added costs Germany would have to pay to the EU budget following Brexit, German officials have floated the idea of granting the UK access to the EU "single market" in return for a fee after Britain leaves the bloc.
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UK Brexit Bill Rejects EU Rights Charter
July 19, 2017
The Guardian reports that the British Government's EU (withdrawal) bill specifically rejects the application of the EU Charter of Fundamental Rights in the UK after Brexit, reflecting concerns of some observers that continued application of the Charter would permit the Court of Justice of the EU to maintain jurisdiction in Britain.
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EU Issues Proposals for Post-Brexit Euro Clearing Rules
July 19, 2017
The New York Times reports that, in the lead-up to the UK general election in June, the European Commission published a set of proposals indicating that, following Brexit, EU institutions would still seek to regulate firms located in the UK that perform euro clearing transactions and that "play a key systemic role for EU financial markets."
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UK Conservatives Drop ECtHR Pledge
July 19, 2017
The International Business Times reports that, prior to the country's general election in June, the ruling UK Conservative Party dropped its pledge to loosen or cut ties with the European Court of Human Rights (ECtHR) in the near future to make room for the time required for Brexit negotiations.
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EU Calls for Future Phaseout of Border Controls
July 19, 2017
In a recent recommendation, the European Commission called on Austria, Germany, Denmark, Sweden, and Norway to phase out their temporary border controls over the next six months, finding that the EU has made sufficient progress in securing the bloc's external borders from large waves of migration to justify opening borders within the Schengen area.
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