Following the Brexit Referendum and the uncertainty now surrounding the future of data flows between the UK and the remaining EEA States, the UK Information Commissioner's Office has published an update on its blog: "GDPR still relevant for the UK". The update emphasises the importance of the GDPR to many organisations in the UK and notes:
"With so many businesses and services operating across borders, international consistency around data protection laws and rights is crucial both to businesses and organisations, and to consumers and citizens. The ICO’s role has always involved working closely with regulators in other countries, and that will continue to be the case. Having clear laws with safeguards in place is more important than ever given the growing digital economy, and we will be speaking to government to explain our view that reform of UK data protection law remains necessary."
For further guidance and analysis on the impact of Brexit for businesses and investors in both Ireland and Northern Ireland, please see our website here.