To bring this back to the topic at hand:

FB moving UK users to US means UK GDPR and exceptions / specifics in the DPA 2018 will apply.

Key Qs: How will that diverge from EU? Post-transition ability / appetite to enforce? Legal backstop if enforcement absent or ineffective? https://twitter.com/TrialByTruth/status/1339139332188286979
Bear in mind that the government views UK’s ability to diverge on Data Protection as a competitive advantage. https://twitter.com/TrialByTruth/status/1338775463263690755?s=20
In contract terms, if your business has any dealings with EU residents and leverages FB as part of user interaction (that includes pretty universal FB cookies and trackers you need to check for) you will need to consider Schrems II and however UK lands on US adequacy
If US continues to be a 3rd country for EU and UK, if personal data will be transferred to, monitored by, or accessed from US, you need Standard Contractual Clauses in and whatever EU and UK deem adequate supplementary measures.

How much is enough? Entirely context specific.
UK isn't expected to diverge significantly from EU benchmarks initially.

However, if the UK breaks from EU to offer the US a Privacy Shield-ish adequcy compromise, this will all change.
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