Internal EU27 preparatory discussions on the framework for the future relationship: "Regulatory issues".
UK views on regulatory issues in the future relationship including "three basket approach" are not compatible with the principles in the EuCo guidelines:
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Autonomy of EU decision-making: if UK seeks to preserve influence over EU ruleand decision-making - risk to unsettle EU "ecosystem"; no "gradation" possible (in, or out); no "EU-UK co-decision" possible.
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Preserving the role of the CJEU: if reliance on EU law concepts, CJEU must have a role -but even if CJEU role preserved, risk for EU in the absence of full EU "ecosystem"; no same effectiveness in enforcement.
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Preserving the integrity and functioning of the internal market, no sector by sector approach/ensure level playing field: if UK aspires to cherry pick - risk for integrity and distortions to proper functioning of internal market, aggravated by absence of full EU "ecosystem" (including regulatory, supervisory, enforcement tools, with CJEU on top) and by proximity and level of economic integration; predictability for business to suffer.
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Avoid upsetting existing relations with third countries: risk to undermine relations with countries participating in the internal market (EEA)-
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