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United Kingdom Businesses

Brexit Deal Leaves Companies in Limbo Over Data Flows (bloomberg.com) 55

The U.K.'s new deal for leaving the European Union hasn't given companies any certainty about how they should handle the movement of personal data out of the bloc and into Britain. From a report: The country has until at least the end of next year to clinch an agreement with Europe that will allow organizations to freely move data about customers to and from the EU without breaching data protection rules, according to the agreement released on Thursday. Violating the EU's General Data Protection Regulation policy can lead to fines of as much as 4% of annual sales. A so-called adequacy decision would add the U.K. to a list of countries whose data laws are accepted as in harmony with Europe's. But while the U.K. currently adheres to the bloc's laws, it isn't a shoe-in. Its data-collection practices for national security purposes are likely to come under heavy scrutiny during a review process that may take years, lawyers have said.
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Brexit Deal Leaves Companies in Limbo Over Data Flows

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  • by CrimsonAvenger ( 580665 ) on Thursday October 17, 2019 @01:06PM (#59319168)

    It's bad enough when our editors can't spell, now we're getting misspellings from professionals??? "Shoo-in". It's not about what you wear on your feet, guys....

  • It seems to me that the culture in England lacks sufficient social ability. (About 30 years ago, I lived there for 5 1/2 months.)

    The healthy way to manage is to become a strong leader in the European Union, not to leave it. With good management, England could get most of what it wants.
    • This wasn't the idea of the leaders, the people people in the street voted for it and the leaders have to do the best they can.

      • Comment removed (Score:4, Informative)

        by account_deleted ( 4530225 ) on Thursday October 17, 2019 @03:17PM (#59319748)
        Comment removed based on user account deletion
        • What's actually needed is for parliament to agree to put a deal in front of the population in a binding referendum - stay, vs this Brexit deal. That would be democratic.

          Well, your idea has good company . . . "The Economist" proposed the same thing exactly: https://www.economist.com/lead... [economist.com]

      • by AmiMoJo ( 196126 )

        It was the idea of the wealthy, big business owners fed up with workers' rights cutting into their profits, bankers looking for the next big payday.

        They sold it with xenophobia and lies. Got the turkeys to vote for Christmas.

      • by jrumney ( 197329 )

        This wasn't the idea of the leaders, the people people in the street voted for it and the leaders have to do the best they can.

        Remember this started as a power game between two ex-Eton schoolmates, one the then Prime Minister, the other the current Prime Minister. When the referendum results came through, Boris cowardly pulled out of the leadership race because he knew he couldn't deliver on what he had given birth to, and waited for Theresa May to fail before coming in at the last minute to drive the country over the cliff. It has been clear from when he took over that what he really wants is a no deal exit followed immediately b

    • The healthy way to manage is to become a strong leader in the European Union, not to leave it.

      People have been making that argument for about four decades now. I'm still not sure what it means. In any case, it appears that a large number of my fellow Brits got bored of waiting for whatever it is, and here we are.

    • Re: (Score:2, Troll)

      by dunkelfalke ( 91624 )

      Anybody who ever believed that the UK is able to lead anything should know better at this point.

    • by AHuxley ( 892839 )
      The UK cant become a leader in the EU as the EU sets laws for the UK... thats why the UK voted to exit the EU...

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