Brexit & Regulatory Alignment
Ahh Brexit. Its seems as though every new day brings along a new issue with no promise of any benefits and no light at the end of the tunnel. Today arose the issue of regulations and regulatory alignment. EU nations are required to comply with EU regulations in order to ensure the quality of products being traded freely within the bloc. Britain leaving the bloc raises the questions of whether or not to keep the same regulations. The creation of new regulatory standards is thought to be a long and tedious process and is further complicated by Northern Ireland and The Republic of Ireland’s border disagreement. A difference in regulations between the two nations means more regulatory barriers between Ireland and the rest of the UK.
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