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Four and a half years after the UK voted to leave the EU, a deal between the UK and EU was finally reached. The expiry of the transition period on 31 December 2020 marks the start of a new relationship between the UK and the EU.

We have identified the key areas that will be impacted by the Brexit deal (the Trade and Cooperation Agreement) and outlined recommendations of what to consider for each of these areas. Immediate planning in each of these areas is essential.

The global nature of our Firm and the clients we represent means that we have a number of experts who can provide advice that is tailored to your organisation and the challenges that you face. If you would like help navigating the complicated, evolving landscape, please contact a member of our dedicated team of specialists or your usual Baker McKenzie contact.

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Jennifer Revis is a partner in the EU Competition and Trade Practice Group of Baker McKenzie's London office. She is acknowledged for her timely advice and responsiveness by the Legal 500. Jennifer has been on secondment to the UK customs authorities (Her Majesty's Revenue and Customs) in their tax and excise litigation department and to the Firm's European Law Centre in Brussels. Jennifer is frequently invited to speak at external conferences and regularly contributes articles to tax journals on customs matters such as De Voils Indirect Tax Journal.

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Stephen Ratcliffe is a partner in Baker McKenzie's Employment and Benefits practice in London. He has more than 14 years of legal experience and was recognized as an "Associate to Watch" by Chambers & Partners in 2014, 2015 and 2016 before his promotion to partnership. Stephen has been described as "very precise, technically excellent, but also very practical."

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Mark Simpson is a partner in the Financial Services & Regulatory Group in the London office where he practices in the areas of financial regulation, financial crime, and regulatory investigations. He is a member of the Firm's EMEA Financial Services & Insurance Steering Committee, as well as its Global Funds and FinTech Groups. He participates actively in industry bodies including the Alternative Investment Managers Association. He has authored a number of articles and other publications, most notably acting as a general editor of and contributor to the International Guide to Money Laundering Law and Practice, and A Practitioner's Guide to the Law and Regulation of Financial Crime.

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Graham Stuart is a partner at Baker McKenzie's London office specialising in product regulation and environmental, health and safety law.

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Patrick O'Gara is a partner in Baker McKenzie's Corporate Tax department in London.

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Mark Delaney heads Baker McKenzie's London Tax Practice and serves as member of the Firm’s Europe Indirect Tax Steering Committee. Prior to joining the Firm in 2006, Mark was involved in the technology, international trade and services, information communications and energy/environment sectors. Currently a member of the Chartered Institute of Taxation, he regularly advises on a broad range of UK, EU and global VAT law.

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Emily Carlisle is a member of the London office's Corporate Department. She advises clients on a wide range of corporate matters with a focus on reorganising the corporate group structures of multinational companies. Emily joined Baker McKenzie in 2000 and was seconded to the Firm's New York office in 2006. She was admitted to the Law Society of England and Wales in September 2002.