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Clifford Chance

Clifford Chance
Briefings

Briefings

British insurers in Spain face the realities of a hard Brexit

15 October 2020

The transition period set out in the withdrawal agreement signed by the UK and the EU is set to expire on 31 December 2020. If the transition period ends with no new agreement or only a trade deal, it would lead in effect to a hard Brexit: a muddled disentangling of the UK from the EU’s legal framework with numerous consequences for British insurers operating in Spain.

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