• Business leaders call for second EU vote: More than 70 business leaders signed a letter to the Sunday Times calling for a public vote on the UK’s Brexit deal. The letter, co-ordinated by The People’s Vote campaign, said that “the business community was promised that, if the country voted to leave, there would continue to be frictionless trade with the EU and the certainty about future relations that we need to invest for the long term.” The letter, signed by the chief executive of Waterstones and the former chief executive of Sainsbury’s among others, continued “we are now facing either a blindfold or a destructive hard Brexit”. (BBC)

 

  • Brussels and Dublin reject Raab plan for Irish border: Dominic Raab’s Irish backstop proposal to Simon Coveney, Ireland’s foreign minister, has been rejected by Ireland, the EU and Mrs May. Mr Raab’s proposal entailed a right for Britain to pull out unilaterally from any backstop plan with three months’ notice. The proposal aimed to reassure Eurosceptics that the Irish backstop plan would not be a mechanism for locking Britain permanently into a customs union with the EU. Mr Coveney tweeted that “a backstop that could be ended by UK unilaterally would never be agreed to by IRE or EU.” Sabine Weyand, deputy EU chief Brexit negotiator, retweeted the tweet by Mr Coveney which added “These ideas are not backstops at all + don’t deliver on previous UK commitments.” Mrs May is reported to have also rejected the idea. (The FT)

 

  • Ireland warns UK over post-Brexit border issue: In a phone call to Theresa May, Ireland’s prime minister has expressed his willingness to consider a review mechanism for the Northern Ireland backstop question but made clear that the backstop cannot be unilaterally ended by the UK as proposed by Dominic Raab. He also told the UK government to “stand by its commitments” on avoiding a hard border and said that a time limited arrangement would not be “worth the paper it’s written on.” (BBC)

 

  • McDonnell: We’ll vote against temporary customs union: The shadow chancellor has said that Labour would reject any customs arrangement with the EU unless it was established on a permanent basis. Labour’s stance increases the chances of parliament rejecting any withdrawal agreement negotiated by the government. Mr McDonnell said “If the government says ‘well a customs union for a couple of years or maybe customs union until we decide there won’t be one,’ well actually, that doesn’t give the stability for investment for anyone”. It is understood that the prime minister believes that an agreement needs to be reached no later than the final week of November to allow it to pass parliamentary hurdles in Westminster and Strasbourg. (BBC)

 

  • Consensus reigns in Brexit financial services talks: According to EU diplomats, negotiations on financial services issues are all but settled. The consensus appears to have emerged following Mrs May’s preference to manage cross-border trade in financial services through “equivalence” decisions taken independently by each side rather than an arrangement enshrined in Treaty which replicates the current level of market access enjoyed by the City under a system of “mutual recognition”. (The FT)
Author

Jessica's practice focuses on international trade and anti-bribery work, encompassing customs, export control and sanctions matters. Jessica's trade work includes advising international clients on fast-moving and evolving EU and UN sanctions, notably in respect of Iran and Russia, and on compliance with UK and EU export controls. Her trade experience also includes advising on tariff classification and customs valuations. Jessica's anti-bribery experience includes assisting with investigations, and advising clients on compliance with anti-bribery laws. Jessica has also taken a lead role in monitoring Brexit-related developments; analysing how they will affect the UK's trading position generally, and clients' businesses specifically. She has helped clients begin to conduct risk assessments of how Brexit will impact their businesses, and has assisted them in developing tailored Brexit strategies. Jessica also presents at various seminars, webinars, and conferences on the complexities of Brexit. Jessica advises global clients on complex issues arising from international transactions and works with clients across a number of sectors including pharmaceuticals, defence, finance, aviation, energy, and telecommunications. Jessica has also worked previously in Paris, and is fluent in French.

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