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30 September 19, 08:59
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What happens if there is a No Deal Brexit. How will data compliance change after Brexit.
As the British MPs and the EU representatives continue to discuss the specifics of the upcoming Brexit, nothing is yet settled. In this murky context, companies in the UK and companies working with companies in UK are rightly confused.
What about GDPR, the transnational European data protection regulation to which we were just beginning to adjust?
Will there still be a GDPR after Brexit, for the UK space?
If it will change, how so?
Should a new kind of data protection compliance regulation be created for the UK instead of GDPR?
All these topics are intensely debated right now across all business mediums. Unfortunately, there’s a lot of uncertainty and a lot of Brexit and GDPR myths as well.
Let’s walk through everything together and see what will really happen with GDPR after Brexit on all possible scenarios.
Possible Brexit Scenarios
For now, British politicians are still stuck on debating whether they want to comply to the new law against a no deal situation.
There are several possible outcomes, depending on what will be decided on these counts:
* If they choose to comply with the new law (accept the deal) or not;
* If they ask for a delay in deciding (Brexit and the deal-or-no-deal debate simply get postponed);
* If they try to negotiate a new deal;
Regardless of what happens next, the UK and companies connected to this space will still need to deal with GDPR. The GDPR after Brexit issue is not going anywhere.
Even in the most extreme outcomes, data compliance will still be on the agenda. Let’s take a few examples.
A. GDPR after Brexit with a deal
Within the deal currently on the table, GDPR is also stipulated as a must. If the British MPs somehow agree on the deal before the 31st of October deadline, then Brexit goes through as planned. GDPR would be part of the deal with the EU, so the current data compliance regulations stay in place.
In this case, you have nothing to change: GDPR rules stay in place as they are.
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