2 ms·
Most of these regulations are due to the EU so come 10/31 then you will be freed of those burdensome EU rules and regulations once and for all.
by sys_64738 7y ago
Most of these regulations are due to the EU so come 10/31 then you will be freed of those burdensome EU rules and regulations once and for all.
- tialaramex 7y agoUnlike the import/export and so on rules, this won't just magically go away at the stroke of midnight. Most EU rules are not "regulations" but "directives" - done by the EU saying what the rough idea is, and then each government has to pass their own laws to implement that idea in an appropriate way. This is especially useful if two EU members already had roughly the rule everybody now agrees is a good idea, but slightly different - nobody has to lose "their" favourite law, so long as any members that had no law about this get one pronto. For example EU members all need rules so that if a bank fails normal people get (up to a defined sum of) their money back. The EU says this rule needs to protect all account holders of banks in the EU, so a Brit can use a Spanish bank, or a German can use a French bank or whatever. But local laws might be slightly better and that's fine, e.g. the UK law gives you slightly more money back and is indexed to the Pound rather than the Euro. So, these British laws don't vanish in a puff of smoke, but without the EU to insist upon them they could be "reformed" in unhelpful ways, or just abolished altogether, should a government choose to do so.