The votes have been counted regarding the BREXIT which was the referendum on whether Great Britain would stay in the European Union or leave and the result is that the UK will exit the EU. The vote to leave won by more than a million votes (52%-48%; 17,410,742-16,141,241).
In the short term, stock markets around the world are plunging due to the uncertainty. However, when the dust has settled the legal and regulatory work on how to adjust to this change in relationship will begin. While the vote will have a tremendous effect on many international issues, it appears that the UK's data protection rules may be unaffected. In the short term, this appears so; however, in the long term this may change.
The vote was a surprise to many lawyers and technology public policy analysts and this is demonstrated by the lack of planning in the event that the UK voted to leave the EU. Will other countries follow the UK's lead and will this create new alliances? While current trade deals may not be affected by the vote, new rules and regulations will be needed and future trade deals involving the UK and the EU will need to account for this result.
Change is generally hard. The people of the UK have spoken and in a democracy the will of the people must be followed. Even though it is too soon to speculate on how this vote will ultimately affect technology public policy and privacy issues there are a lot of unanswered legal issues surrounding the process in which the UK will leave the EU.
Copyright 2016 by Bradley S. Shear, Esq. All rights reserved.
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