The UK has confirmed that in the event of a no deal Brexit, it will preserve the effect of existing EU Adequacy Decisions on a transitional basis. Influence Pros. UK Adequacy Decisions. Please let us know! With the 31 October deadline for the UK’s exit from the EU fast approaching, the debate over the terms of its departure continues. A scenario in which Britain leaves with a deal is sometimes referred to as a ‘soft Brexit’, and a scenario in which Britain leaves without a deal is known as a ‘hard Brexit’.A no-deal Brexit would result in a rigid position on all the issues outlined above. However, while some on the leave side advocate a hard Brexit – gaining more sovereignty, taking control over immigration and reducing red tape – others are more moderate.EU membership limits Britain’s international influence, ruling out an independent seat at the World Trade Organisation (WTO).Britain would have more control of its laws and regulations, without risk of having counterintuitive policies forcefully imposed.Britain’s domestic security could benefit from full border controls, which it would gain outside the political union.Britain contributes billions of pounds in membership fees to the EU every year.Membership of the EU keeps Britain from fully capitalising on trade with other major economies such as Japan, India and the US.The EU subjects Britain to slow and inflexible bureaucracy, making it more prohibitive for smaller companies to do business.Improved global trade agreements and more selective immigration could have a positive effect on the British job market.The average person in Britain loses hundreds of pounds each year due to EU VAT contributions and agricultural subsidies policies.There are two ways that Britain can leave the EU: with a deal, or without a deal. Although the negotiations with the European Union seem to have seen some progress lately, there are are still many uncertainties about the future of the UK outside the Europe. However, while some on the leave side advocate a hard Brexit – gaining more sovereignty, taking control over immigration and reducing red tape – others are more moderate.EU membership limits Britain’s international influence, ruling out an independent seat at the World Trade Organisation (WTO).Britain would have more control of its laws and regulations, without risk of having counterintuitive policies forcefully imposed.Britain’s domestic security could benefit from full border controls, which it would gain outside the political union.Britain contributes billions of pounds in membership fees to the EU every year.Membership of the EU keeps Britain from fully capitalising on trade with other major economies such as Japan, India and the US.The EU subjects Britain to slow and inflexible bureaucracy, making it more prohibitive for smaller companies to do business.Improved global trade agreements and more selective immigration could have a positive effect on the British job market.The average person in Britain loses hundreds of pounds each year due to EU VAT contributions and agricultural subsidies policies.Though unsuccessful in garnering enough votes in the referendum, the remain camp have continued to advocate for a close relationship with the EU in the form of a departure from the EU with a deal in place.The arguments for remaining in the EU focus on the benefits of being part of a wider union, and the security and favourable trading relationship made possible through EU membership.As part of a community of 500 million people, Britain has greater influence over international matters as a member of the EU.Britain has proved that it can opt out of some EU policies which it considers counterintuitive, such as adoption of the euro, the Schengen Agreement and enforced migrant quotas.A union better equips Britain to tackle threats to security, including terrorism and cross-border crime.European businesses invest billions of pounds in the UK every year, both in the public sector and private sector.EU membership gives Britain access to the European single market, which is invaluable for trade and enables the easy movement of goods, services and people across member states.Free trade within the EU reduces barriers and enables UK companies to grow.Millions of jobs linked to Britain’s membership would be put at risk.   886 Words 4 Pages. Call +971 (0) 4 5592108 or email sales.ae@ig.com to talk about opening a trading account.