- 17,332
- United Kingdom
Why not all three?!
Boris is the tool, Cummings is the brains, 'investors' are the backers.
Boris is the tool
Oh yes.
Sir John Major, former Conservative Prime Minister, has said that he believes that Boris Johnson could try to bypass the law compelling him to seek an Article 50 extension by using the Privy Council.
https://www.telegraph.co.uk/politic...johnsons-government-could-bypass-legislation/
Ironically, Sir John is doing Boris Johnson a huge favour just by saying this (especially in a speech to the EU...) - he's basically warning them that the UK can still leave without a deal next month, despite the Benn Act, and thus is basically sending the EU the exact message Johnson wants them to get... do a deal now or face the consequences.
We'll never forget the televised spectacle of Boris going to the privy.
A modern day genius.Johnson confirms the promise he made a few weeks ago that there won't be customs checks on the NI land border. They'll be near the border instead. Problem solved.
It is likely to face stiff opposition to say the least...
Following the referendum held in the United Kingdom on 23 June 2016, the United Kingdom notified the European Council on 29 March 2017, under Article 50 of the Treaty on European Union, of its intention to withdraw from the European Union. In the absence of the entry into force of the exit agreement, negotiated between the European Commission and the United Kingdom Government and approved by the European Council on 25 November 2018, and if the period provided for in paragraph 3 of that Article is not extended again, the United Kingdom shall cease to be a Member State of the European Union at 11 pm on 31 October 2019.
Without ratification of the exit agreement, credit institutions, investment firms and the management companies of UK-based collective investment undertakings will no longer be able to benefit from the European regime on the date of the departure of the United Kingdom from the European Union. which gives them freedom to provide services to investors in other Member States and is now covered by the regime applicable to entities based in third countries.
Thus, an exit from the United Kingdom from the European Union without agreement will result in an immediate termination of the services provided by entities based in that country to investors in Portugal, which in itself constitutes a factor of legal uncertainty as regards the validity and continuity. of the contracts concluded.
It is therefore necessary to adopt measures to ensure an adequate transition. Thus, this Decree-Law defines a transitional contingency regime whereby UK-based credit institutions, investment firms and management entities authorized to provide investment services and activities or services relating to collective investment undertakings in Portugal, may temporarily continue to do so in Portuguese territory. Such a contingency regime, which may be transiently applicable until 31 December 2020, is intended to enable credit institutions, investment firms and management companies based in the United Kingdom providing services to investors in Portugal to have the necessary period of time to cease. ongoing contracts and associated investments, or if they intend to continue to operate in Portugal, instruct the respective authorization process, without any disruption of the services provided to investors.
Credit institutions, investment firms and management entities which have made a communication under the current freedom to provide services may benefit from this scheme and within three months of the date of their departure without the UK's agreement. European Union, forward to the Securities and Exchange Commission the information set out in the annex to this Decree-Law, indicating whether the contingency period will be used to terminate ongoing contracts or to initiate the authorization procedure as a third country entity.
This decree-law also approves contingency measures in respect of contracts relating to the receipt of deposits or other repayable funds, credit operations, payment services and issuance of electronic money subject to the supervision of Banco de Portugal, taking into account the need also to ensure In this context, the continuity of the provision of the respective services to the bank customers. In addition, it is further clarified that insurance contracts covering risks situated in Portuguese territory or in which Portugal is the Member State of the commitment, whose insurer is an insurance undertaking based in the United Kingdom and which have been concluded under a authorization to pursue insurance business in Portugal before the date of departure from the United Kingdom from the European Union remain in force, although not extendable.
This Decree-Law also approves additional measures in the field of social security [… it continues …..]
Not bad, uh?
If done well, Northern Ireland could stand to benefit - and Ireland, while maybe not benefiting in any way, could stand to lose a lot less from Brexit than they will under a No Deal outcome.
Thanks Portugal, we always said you were cool.
That sounds like the power and prerogative of a boxer to lay down.Crucially, Boris Johnson has adopted the strategy that May should have adopted all along - remind the other side that it is in our power and our prerogative to walk away if necessary
This is mostly true, but not entirely... Ireland stands to lose if no deal is reached, and not just economically. While the onus is and should be on the UK to ensure that Brexit doesn't adversely affect Ireland unnecessarily, there is only so much the UK can do without the agreement of the Irish government, thus the onus is also on Dublin to do what is best all round.That sounds like the power and prerogative of a boxer to lay down.
Both sides have the power to end the discussion, there's not prerogative here. And if both side wants a deal, it is nonetheless clear that UK has way more to lose that countries of the EU.
I think the EU are much, much closer to accepting this arrangement than most people think...
Guy Verhofstadt has opposed Brexit in principle since Day 1.“Not even remotely acceptable”
https://www.independent.co.uk/news/...parliament-proposal-meps-reject-a9138346.html
...idk I’d like to think I was in the ball-park
It kind of makes sense, but it is also a monumentally risky strategy... the idea that neither Ireland nor the EU have ever been open to Northern Ireland's status changing is understandable, but disturbing.@Touring Mars The Irish government's stance on the border issue is supported by the vast majority over here. The possibility of backing down is rarely debated. As long as the UK can't leave without a deal and the EU continues to back us, our position won't change. Potentially the results of of a UK general election could test our resolve, but the UK parliament's current inability to agree on anything leaves us in strong position. There won't be a real debate over here on whether we should concede ground on the border issue until we see the results of a UK general election.
Denying the UK its right to leave the EU's legal orbit could (easily) result in a huge backlash that will cause a lot of trouble, and ultimately will probably yield a No Deal Brexit.?