While the European Commission and UK negotiators have reached an agreement on the Brexit Draft Withdrawal Agreement, it still needs to get through UK parliament and the rest of the EU. In our updated Brexit white paper, we set out what the agreed draft text could mean for IP owners.
(This white paper was last updated on 26 November 2018.)
The European Commission and UK negotiators reached an agreement on the entirety of the Brexit Draft Withdrawal Agreement on 14 November. Next it needs to get through UK parliament and the rest of the EU (which looks like being no mean feat).
The good news is that the draft content is in line with the contents of the European Commission’s initial draft withdrawal agreement (see summary here), and also confirms that the UK will clone EU IP rights onto the UK registers for free, maintaining priority and seniority. This is the first time an EU-UK withdrawal agreement document has confirmed the cloning of EU IP rights for free. The no-deal guidance published in October also included this commitment, suggesting it is now the most likely outcome, although of course not definite.
Find out more in our white paper, which can be downloaded below.