The UK could be required to follow new rules implemented by the European Union during a transition period after Brexit according to leaked plans reportedly drawn up by Brussels’ chief negotiator.
The position set out by Michel Barnier would make the application of new EU rules a condition of a transitional deal, meaning Britain could be subject to further Brussels’ regulations for about two years after leaving the bloc.
Theresa May hopes to secure an implementation period between the UK’s formal exit date and the commencement of any post-Brexit trade deal in order to give businesses time to adjust to the new arrangements, but accepting the imposition of new rules could trigger a revolt by Eurosceptics.
It would also go against the approach to an implementation period set out by the Prime Minister in her Florence speech, where she said the “framework for this strictly time-limited period … would be the existing structure of EU rules and regulations”.
But the Independent obtained a presentation drawn up by Mr Barnier for representatives of the 27 remaining EU members which said a transitional deal would involve the “automatic application in the UK of new EU rules post-30…