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UK Banks Seek Five-Year Post-Brexit Transition
December 16, 2016
Reuters reports that a set of UK banks are lobbying the country's government to strike a deal with EU negotiators providing that financial institutions would be subject to EU laws and to the jurisdiction of the Court of Justice of the EU for up to five years following Britain's exit from the bloc.
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McDonald's Moves EU Tax Base to UK
December 16, 2016
The BBC reports that fast food giant McDonald's, whose operations in Luxembourg are under investigation by the European Commission for alleged special tax deals with the country's government, has decided to move its non-US tax base to a holding company based in the UK.
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Denmark Strikes Deal with EU on Europol
December 16, 2016
EUobserver reports that, despite the result of a 2015 referendum in which Danish citizens voted to opt out of various EU justice and home affairs policy, Denmark's government and EU officials have negotiated a "back door" deal through which Denmark will continue to participate in the EU law enforcement agency Europol.
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UK Parliament Vote Calls for Brexit Trigger
December 15, 2016
An article in The Telegraph explains a recent, non-binding vote taken by the British Parliament calling on Prime Minister Theresa May to formally notify the EU institutions of the country's intent to leave the bloc, triggering the beginning of Brexit negotiations with other EU members, by March 2017.
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NGO Project Seeks EU "Ethnic Profiling" Standards
December 15, 2016
A group of "anti-racism" bodies, including the Open Society Justice Initiative, is calling for the EU institutions to set Europe-wide standards "to promote fair and effective policing" by preventing police from engaging in "ethnic profiling" in stopping people for searches and identity checks.
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