Page 4 - Future Relationship News Today

  The year to 30 November 2020 has been one of considerable challenge, dominated by the outbreak of COVID-19, which has had an unparalleled impact on the economy and our society. Our thoughts are with all those who have been affected by the crisis.   Despite the wide-reaching disruption caused by the pandemic, it is encouraging to report that your Company has generated a modest uplift in NAV total return at the year end to 144.44p per share. This reflects a significant recovery following the ...

Monday Feb. 8. 13:15 GMT UK lobster exporter Barron Shellfish is closing down its 60-year-old family business blaming Brexit red tape and hidden costs, The Guardian reports. The company bought lobsters from businesses in Bridlington, exporting up to five tons a week of lobster to countries including Spain, Belgium and Italy. -- Scottish salmon producers demand joint Brexit task force Scottish salmon producers are calling for called for the creation of a cross-border government taskforce to reso...

The EU-UK Trade and Cooperation Agreement (widely referred to as the "TCA"), implemented in the UK via the European Union (Future Relationship) Act 2020, entered into force on 1 January 2021.

one in one out" applied to the introduction of new regulatory measures. In its report to the OECD, the government claimed that "3,095 regulations were scrapped or improved and thereof 1,376 changes [had] a material benefit" – apparently amounting to more than £1.2 billion. The Deregulation Act 2015 enacted many of the reforms identified by this exercise. The New Labour years saw the rise of Regulatory Impact Assessments for new legislation and policies (later increasingly known as Impact As...

Hndrxx or in dogging Twitter rants, the Atlanta legend has been passing out free game for years. On the Southside and Nash B-produced “Turn On Me,” Pluto offers key No. 1, which is to prioritize money over women. Once you get to the bag, that opens up the space to do other things like appreciate your partner. In one of his most recent rants on The Bird, Future urged his followers to cop “her” a Patek if you really love her. By the way, entry-level Patek Philippe watches retail at aroun...

Members of Fermanagh and Omagh District Council have traded political blows after receiving an update around Brexit, with the Northern Ireland Protocol taking centre stage. During a meeting of the Brexit Committee, the single aspect not dividing the chamber was discontent with the current position. How it was reached however, was reduced to an all-out, gloves-off  blame game. The Trade Agreement signed on Christmas Eve became law days later through the Future Relationship Bill. The Proto...

Too many of us have lost someone over this past year. Grief is never an easy emotion to navigate.

United Kingdom: HM Treasury consults on regulatory approach to cryptoassets and stablecoins On 7 January 2021 HM Treasury (HMT) published a combined consultation paper and call for evidence on the regulatory approach to cryptoassets and stablecoins. In outline, the consultation proposes: A policy approach that would involve specific requirements being implemented by independent regulators (e.g. via rules or codes of practice) within a wider framework of objectives and considerations set out by ...

George Hepburne-Scott Prior to our departure by far the highest volume of extradition cases were through the European Arrest Warrant (EAW) scheme. The UK-EU Trade and Cooperation Agreement (TCA) was signed on the 24 December 2020 and came into force at 11:01pm on 31 December 2020. Among other things, the TCA created a new extradition warrant called simply the Arrest Warrant (AW). The AW surrender arrangements are contained in Title VII of Part 3 in the TCA. Legislatively, as incorporated into t...

Brexit Please see the other sections for product-specific updates relating to Brexit. Please see our Brexit financial services webpage which contains, amongst other things, tables detailing Brexit statutory instruments, equivalence decisions, EEA transitional regimes and UK regulators’ publications.  FCA and PRA on passporting in and out of Gibraltar after the transition period On 31 December, the FCA published a new webpage on Gibraltar passporting arrangements, with the PRA publishing its ...