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Brexit: potential trade and data implications for digital and ‘f intech’ industries
International Data Privacy Law ( IF 2.500 ) Pub Date : 2017-02-01 , DOI: 10.1093/idpl/ipw025
Karen McCullagh

Following the outcome of the historic ‘Brexit’ referendum on 23rd June 2016 in which a majority of eligible voters in the UK voted to ‘Leave,’ the United Kingdom is potentially on course to leave the European Union, but to ensure continued economic success it will seek to maintain a favourable trading relationship with the EU. This article identifies and critically evaluates the various types of trade deals the UK might negotiate upon exit with a particular focus on trade in services since financial and digital services are key components of the UK economy. It also offers both pre and post exit guidance on the data protection permutations of each type of trade deal and concludes that post-withdrawal, the UK should ensure that its data protection law is fully compliant with Regulation (EU) 2016/679. Forging its own data protection path could lead to isolation.

中文翻译:

英国脱欧:对数字和“金融科技”行业的潜在贸易和数据影响

继 2016 年 6 月 23 日历史性的“英国退欧”公投结果之后,英国大多数符合条件的选民投票“脱欧”,英国可能会离开欧盟,但要确保持续的经济成功将寻求与欧盟保持良好的贸易关系。由于金融和数字服务是英国经济的关键组成部分,本文确定并批判性地评估了英国在退出时可能会谈判的各种类型的贸易协议,特别关注服务贸易。它还提供关于每种贸易协议的数据保护排列的退出前和退出后指导,并得出结论,退出后,英国应确保其数据保护法完全符合法规 (EU) 2016/679。
更新日期:2017-02-01
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