Theresa May has proposed a plan to initiate Article 50 by the end of March 2017.
23 June 2016 is a date which will be remembered in years to come. It is the date the UK voted to leave the European Union. This decision was a shock to many, both UK citizens and leaders around the world and the decade ahead will be closely examined by many to see if the EU still is as relevant and necessary as it once was.
Article 50 initiates the start of the UK’s withdrawal from the EU, beginning and 2 year period to negotiate terms of trade once the official withdrawal is complete.
That means that we should officially be a separate entity from the EU by mid-2019. GDPR, however, comes into effect in March 2018 – thus meaning businesses will need to comply for at least a year.
No doubt that to continue the movement of data between the UK and the EU, even once we have officially withdrawn, UK businesses will need to comply to their standards to data protection. Businesses planning on avoiding GDPR compliance because of Brexit- It still applies. GDPR concerns any business that handles data of EU citizens, regardless of geographic location or political allegiances.