Treasury updates Brexit draft laws

Treasury has published further drafts of Brexit-related statutory instruments:

• the EEA Passport Rights (Amendment, etc, and Transitional Provisions)(EU Exit) Regulations 2018 address the necessary amendments to legislation to repeal passport rights under single market directives consequent on Brexit and legislates for the temporary permissions regime for those who will lose any passports;
• the draft Payments and Electronic Money (Amendment) (EU Exit) Regulations 2018 and the draft Credit Transfers and Direct Debits in Euro (Amendment) (EU Exit) Regulations 2018 propose amendments to retained EU law on payments and e-money to ensure the regime can continue to operate post-Brexit. The proposals include retaining the SEPA Regulation.