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Key definition
Brexit definition

What does Brexit mean? Brexit is the practical shorthand in legal drafting and advice for the United Kingdom’s withdrawal from the European Union and the legal, regulatory and trading changes flowing from it. It covers the UK’s cessation of EU membership on exit day (31 January 2020) and the cessation of the EEA Agreement’s application, the end of the implementation/transition period on IP completion day (31 December 2020), and the commencement, expiry or variation of post‑withdrawal trading and regulatory arrangements, including the UK‑EU Trade and Cooperation Agreement, the Windsor Framework (amending the Northern Ireland Protocol), and UK agreements with third countries...

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2019 UK corporate law, governance, audit and capital markets developments—including Brexit: monthly horizon scan and resources (Archived)

Practice notes
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ARCHIVED :

This Practice Note offers an archived overview of the principal legal developments that affected corporate lawyers in 2019 and is no longer updated. Unsurprisingly, Brexit was a major focus. To follow Brexit-related legislation, including statutory instruments, use the Brexit legislation tracker; the Brexit collection and Brexit timeline are also helpful.

To monitor legal and regulatory change on particular subjects, see:

  • Markets in Financial Instruments Directive (MiFID II) and Markets in Financial instruments Regulation (MiFIR) — timeline (2007–2023) [Archived]
  • Market Abuse Regulation — timeline
  • Listing Rules tracker
  • Prospectus Regulation Rules tracker
  • EU Prospectus Regulation tracker (2001–2020)
  • Disclosure Guidance and Transparency Rules tracker
  • Transparency Directive tracker [Archived]

For key cases of interest to corporate practitioners, see:

  • 2019: Corporate case tracker
  • 2018: Corporate case tracker

To track or assess market practice, consult the Market Standards deal analysis tool, which includes over 4,000 summaries of public company deals. Further detailed examination of recent corporate practice trends is available in the Market Standards trend reports and our mini‑trend and News Analysis articles, many of which can be accessed via the Corporate blog...

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Web page updated on 21/05/2026

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