Brexit Blog

For regular updates on Brexit and how it may affect you, your family and/or business, please read our Brexit blog and Twitter feed @KNBrexitLegal

10 January 2019

Brexit Update: EU-US Privacy Shield

On 20 December 2018, the US Department of Commerce issued updated standards of compliance for participants in the EU-US Privacy Shield Framework (“Privacy Shield”) to continue receiving personal data from the UK in reliance on the Privacy Shield after Brexit (which is due to take place on 29 March 2019). By way of a reminder, Privacy Shield is a framework for protecting the fundamental rights of anyone in the EU whose personal data is transferred to the United States for commercial purposes.

Alexander Torpey

9 January 2019

GDPR for the UK: Brexit and international transfers of personal data

With the UK due to leave the EU on 29 March 2019, UK Parliament is working towards creating new regulations to ensure that the UK’s data protection standards will be equivalent to EU law post-Brexit. The UK would use this as the basis for securing an adequacy decision from the European Commission meaning that our legal framework is deemed to provide adequate protection for individuals’ rights and freedoms over their personal data. As discussed in our previous blog, this would facilitate cross-border transfers of personal data and business continuity as the UK aims to trade with the single market on equal terms.

Alexander Torpey

21 December 2018

How will a no-deal Brexit affect cross-border mergers?

As 29 March 2019 edges closer with an ever increasing possibility of the UK leaving the EU without a deal, research suggests that there has already been a marked increase in UK registered companies seeking to complete cross-border mergers with companies registered in other EEA states prior to exit day.

Luke Gregory

20 December 2018

Property prices and divorce in the shadow of Brexit

No one, anywhere, has any idea which direction the property market is going to go in 2019 but if you ask Mark Carney, the Governor of the Bank of England, his worst case scenario is that a post Brexit UK, with no deal, it could see prices fall by 35% over three years.

17 December 2018

Deal or no deal: what Brexit could mean for my German mother

With less than four months to go until the UK leaves the European Union (EU), we still don’t know what deal, if any, the UK will have with the EU. A big part of that deal relates to securing the rights of the more than 3 million EEA citizens living in the UK. While the Government has confirmed their intention to roll out the proposed Settled Status scheme regardless as to whether the withdrawal agreement is approved, those seeking greater certainty about their status and who are eligible, are looking to naturalise as British citizens. For some Europeans, the decision to naturalise is a simple one. For others, it may mean giving up their existing nationality.

Christina Orthodoxou

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