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M21030 - The UK as a third country - Where does that leave us? (Online)

  • 9 Apr 2021
  • 09:15 - 12:30
  • Online Webinar


Registration is closed
Registration Time: 09.00
Sessions Time: 09.15 - 12.30 ( with a 15 minute break)
Speaker: Dr Trudy Muscat
Venue: Online Webinar
Participation Fees (The Institute is now accepting payments via Paypal)
MIA Members: €40.00
Non-MIA Members: €75.00
Retired Members: €20.00
Students: €30.00
*Group bookings for 3 or more participants available.

Background Information

On December 30, 2020, the EU and the UK signed the Trade and Cooperation Agreement which sets out the terms of their future cooperation. This Agreement reached comes as a result of nine rounds of formal negotiations, which started back in March 2020. This Agreement consists of three main pillars:
  • a Free Trade Agreement covering, inter alia, the trade of goods and services, competition, state aid, tax transparency and social security coordination;
  • a partnership on citizens’ security, establishing a framework on law enforcement and judicial cooperation;
  • a horizonal agreement on Governance, providing clarity on how the agreement will work and the control mechanisms. It also sets up a body – Joint Partnership Council – tasked to ensure that the terms of the Agreement are properly applied and interpreted.

Objectives of the Session

In this session, purposely set to be held a few months from the end of the transition period, we aim to understand the different impacts on business between Malta and the UK on the basis of the Agreement as well as ongoing negotiations and unilateral moves by both parties. We focus particularly on the provision of financial services between the UK and Malta.

Topics on the Agenda

We will focus on an overview of the preferential arrangements agreed to by the parties, the undertakings to ensure a level playing field and respect for fundamental rights, and, most importantly, on the areas which the Agreement does not cover to understand the likely effect of divergence in unilateral measures

Target Audience

Those seeking more clarity on the implications of Brexit with focus also on the financial services industry.

Speakers profile

Trudy, a lawyer, is a senior manager within KPMG’s International Tax function. She focuses on the application and interaction of Maltese and European corporate and fiscal legislation in local and cross-border scenarios, assisting corporate clients to improve their tax efficiency sustainably. She has given lectures and presentations in connection with local and international tax law, both locally and worldwide. Trudy, together with Dr Juanita Brockdorff, leads the Brexit team at KPMG, assisting clients with understanding the implications of Brexit and, where necessary, bridging the gap between KPMG in Malta and in the UK.


3 Professional


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