Brexit Bulletin - 21 July 2016

21.07.16

This article was published prior to the publication of the post-Brexit agreement between the UK and EU which covers the relationship between the UK and EU following the end of the implementation period (commonly referred to as the “transition period”) created by the European Union (Withdrawal Agreement) Act 2020, and should be read in that context.

Coming around again: why Brexit's anti-red-tape agenda is nothing new

The Brexit decision has given rise to speculation on the implications for health and safety, environmental and other regulatory law derived from the European Union (other examples including food safety, labelling, product specification, and chemical safety). After all, one of the arguments of the 'Leave' campaign was the desire to reduce the EU 'red tape' that it argued stifles the UK entrepreneurial spirit.

Data Protection - What now?

After 4 years of negotiations the new General Data Protection Regulation ("GDPR") was finalised in December 2015, it was published in the official journal of the European Union in early May 2016 and following a 2 year implementation period it will be applicable across all member states from 25 May 2018.

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What impact will Brexit have on the UK equity fundraising scene?

It was reported by London & Partners earlier in the year that $3.6bn of venture capital funding was invested in the UK technology businesses in 2015 alone, a substantial increase on previous years. Will industry momentum be subdued by Brexit?

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