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No-deal Brexit could imperil UK-EU data economy

Thursday, August 22, 2019

Subject

UK-EU data flows post-Brexit.

Significance

Recent publication of the UK government’s no-deal Brexit plans highlight the difficulties that could arise in transferring data between the EU and the United Kingdom in the event of such an outcome.

Impacts

  • Data protection requirements may prompt EU companies to avoid the United Kingdom as a host for their data.
  • This would undercut UK digital companies that rely on such data as a part of their business model.
  • Firms dependent on data transfers within the EU are likely to relocate parts of their businesses to another member state.
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