Data protection & Brexit
Oct. 28th, 2020 09:14 pmIf the UK and EU stop respecting each other as being regimes that automatically have appropriate data protection measures, are there any special-cases that kick in for the NI/ROI case to ensure that companies on one side of the border can continue to process the data of their clients on the other side?
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Date: 2020-10-28 08:28 pm (UTC)no subject
Date: 2020-10-28 10:46 pm (UTC)no subject
Date: 2020-10-29 07:45 am (UTC)We are in 'no-one knows for sure' territory, though.
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Date: 2020-10-31 12:14 pm (UTC)No explicit arrangement or agreement has been made at the level of Government-to-Government negotiation and the legal certainty of signed and ratufied treaties.
But, as
However, everyone with a cross-border data flow has to actually do it - get the necessary legal advice, set up the systems, get their counterparties onboard with their own reciprocal safeguards...
And get their insurers to sign off too, for the larger companies. And, indeed, the smaller ones, whose banking covenants oblige them to be insured against legal risks and business interruption.
I *think* the retail banks have got this sorted, but it's all a very long way from the bit of the financial sector I work in; and I can't talk about the specific steps that my current client has taken, other than to say they have indeed taken steps.
I think that the larger players have sorted this out, as far as it can be sorted; which means that it will probably not be un-sorted and halted by the first significant court case and the first major breach of European data protection law.
I know, also, that a lot of 'London' bankers and support staff are on Dublin or Paris-based contracts, as are the 'London' commercial relationships that we service: 'London' is is smaller than it looks and what you see - or thought you saw when you looked at much of the service sector and IT industry - is already outside the UK.
Whether that turns out to be legally-robust, during and after the second, third and and fourth fiascos, is another question.