IMPLICATIONS OF BREXIT ON BRITISH INTERESTS IN SWITZERLAND4 May 2021 By Sandrine Giroud, Werner Jahnel, Benoît Arthur Mauron, Larissa Jauch
Although the United Kingdom (“UK”) left the European Union (“EU”) as of 31 January 2020, the bilateral agreements between Switzerland and the EU continued to apply to the UK during the so-called transition period having lapsed on 31 December 2020. Since 1 January 2021, these agreements have ceased to apply. The gap thus created was in part filled with a series of bilateral agreements that Switzerland negotiated with the UK during the transition period as part of its “Mind the Gap strategy”.
Switzerland and the UK have strived to preserve most of the previously prevailing rights and obligations, yet it has not been possible across the board.
Click here to explore answers to questions arising post-Brexit, for UK citizens having interests in Switzerland.