Brexit checklist—finance documents [Archived]


Published by a UUÂãÁÄÖ±²¥ Banking & Finance expert
Checklists

Brexit checklist—finance documents [Archived]


Published by a UUÂãÁÄÖ±²¥ Banking & Finance expert

Checklists
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This Checklist outlines some key points to check in relation to facility and security documentation following the end of the Brexit implementation period.

ARCHIVED: This Checklist has been archived and is not maintained.

At the end of the implementation period, EU law was brought into UK law as retained EU law by operation of the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020, with, in most cases, minor changes only. This is explained in Practice Note: Retained EU law and assimilated law.

This Checklist is intended to be read in conjunction with Practice Notes: Brexit—documentary implications for facility agreements [Archived] and Brexit—impact on finance transactions [Archived].

This Checklist focuses on documentary points, and does not cover all potential matters to consider in relation to finance transactions following the end of the implementation period. See Practice Notes: What does IP completion day mean for lending lawyers? [Archived] and Brexit—impact on finance transactions [Archived] for a more comprehensive look at issues to consider.

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Loss of passporting
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