Mr Sean Giles

Sean Giles

Updates

Corporate Finance/M&A

Global Britain? Rules, Britannia: Britannia screens the investment waves
United Kingdom | 02 December 2020

The government recently published the National Security & Investment Bill. In a marked contrast to its 'Global Britain' aspirations in a post-Brexit world, the bill will create a mandatory screening regime for investment in certain core areas of the UK economy in which national security risks are considered more likely to arise. This article considers the key implications of the proposed new regime for investment in the United Kingdom.

International Trade

State of play: new subsidy control regime
United Kingdom | 12 February 2021

EU state aid law ceased to apply to the United Kingdom on the expiry of the Brexit transition period on 31 December 2020 – save for limited exceptions as set out in the EU-UK Withdrawal Agreement 2018. In its place, the UK government proposes to establish a domestic subsidy control regime, on which it has launched a public consultation. This article explores the current state of play and what will happen next.

World Trade Organisation: an introduction
International | 05 February 2021

The World Trade Organisation (WTO) is an umbrella organisation providing the forum for negotiation, treaty revision and dispute settlement. The WTO currently has 164 members, accounting for 98% of world trade. This article provides an overview of the WTO, including its origins, membership, structure, mandate and decision-making processes.

Time is running out to reclaim hundreds of thousands in overpaid customs duties
United Kingdom | 18 December 2020

With the Department of International Trade set to replace the free trade agreements (FTAs) that the United Kingdom has enjoyed as part of its EU membership, this article considers the last 'hurrah' available under these agreements: the claim back of overpaid duties. Businesses should also consider their altered exposure to customs duties where the United Kingdom has not negotiated 'rollover' FTAs, or they have expired, and in light of new UK FTAs.

Global Britain? Rules, Britannia: Britannia screens the investment waves
United Kingdom | 27 November 2020

The government recently published the National Security & Investment Bill. In a marked contrast to its 'Global Britain' aspirations in a post-Brexit world, the bill will create a mandatory screening regime for investment in certain core areas of the UK economy in which national security risks are considered more likely to arise. This article considers the key implications of the proposed new regime for investment in the United Kingdom.