Leading Minds Breakdown Brexit

Brexit has created serious uncertainty for business around a great number of things including

corporate passporting, mergers and acquisitions, fintech, taxes. Womble Carlyle and the British American Business Council of North Carolina recently co-sponsored a panel discussion around Brexit issues featuring leading legal and business minds. The discussion was so productive we thought it should be shared with everyone, so below you will find links to a complete recording of the panel as well as links to issue-specific clips. 

Complete Panel

Part 1 - Brexit: Overview and Reactions

Part 2 - Brexit: Currency Issues and Inflation

Part 3 - Brexit: Outlook for the EU and Impact on the U.S.

Part 4 - Brexit: U.S. Opportunity in the U.K.

Part 5 - Brexit: The Impact on Mergers & Acquisitions

Part 6 - Brexit: What the U.K.’s Exit Might Look Like

Part 7 - Brexit’s Potential Impact on Corporate Passporting and the Banking Industry

Part 8 - Brexit’s Potential Impact on Corporate Passporting and the Banking Industry

Part 9 - Brexit: Why the Fintech Industry Should Be Watching Closely

Part 10 - Brexit: A Brexit/Corporate Tax Mini Primer

Part 11 - Brexit: Trademark Law and What to Watch For

Part 12 - Brexit: Challenges to IP Contracts

Future of U.K. Data Protection Laws Unclear

By Doug Bonner

As new British Prime Minister Theresa May assembles her new Cabinet, including a new Secretary of State for Exiting the European Union following the June 23, 2016 Brexit referendum outcome, the U.K.'s march forward to leave the EU does create uncertainty about whether the U.K. will continue to follow EU data protection laws, including implementation of the EU's new General Data Protection Regulation (“GDPR”), scheduled to become effective on May 25, 2018. Furthermore, the recently negotiated U.S./EU Privacy Shield, approved by the European Commission on July 12, 2016 as a replacement privacy regime for the EU-invalidated Safe Harbor, may face an uncertain future in the U.K. as well if it is not an available framework for multinational businesses to do business in the U.K. 

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