Re:Your compliance obligations under the UK’s Online Safety ...
by 9dev on Monday July 11, 2022 @12:23PM
(#32058219)
What else would it be? There's about 67 million people living in the UK, compared to the 447 million in the EU - depends on your definition of "small", but our company will likewise ignore any specific UK regulations. The handful of customers there isn't worth any additional overhead compared to the EU+US.
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Re:Your compliance obligations under the UK’s Online Safety ...
by theptip on Monday July 11, 2022 @12:32PM
(#32058356)
Of the countries in the world, the UK ranks sixth in GDP.
Re:Your compliance obligations under the UK’s Online Safety ...
by cge on Monday July 11, 2022 @02:01PM
(#32059486)
The problem with that measurement is that top GDPs fall off quickly. While the UK is the sixth, it's only around 3-4% of the global GDP, and while I can't find values from the same year at the moment, likely has a lower GDP than California. The EU is around 18% of the global GDP; the US, China, and EU together make up around 65% of global GDP, and each of them has at least triple the GDP of any other individual country.
Re:Your compliance obligations under the UK’s Online Safety ...
by 9dev on Monday July 11, 2022 @04:01PM
(#32061026)
Most of that money is bound in the financial industry, though. Unless you're in the sector, the GDP rank doesn't matter much for doing business with the UK.
Re:Your compliance obligations under the UK’s Online Safety ...
by weq on Tuesday July 12, 2022 @12:06AM
(#32065497)
The UK exists right now as a shell company City of London who are the tax havean bankers of the world. The UK knows your financial secrets, and thats how they keep themselves relevant.