Magazine article Information Management

EU Privacy Approval Would Ensure Data Transfers to Post-Brexit UK

Magazine article Information Management

EU Privacy Approval Would Ensure Data Transfers to Post-Brexit UK

Article excerpt

Bloomberg BNA reports that UK lawmakers are seeking approval from the European Union that would allow easier data transfers after Brexit is effected; otherwise, British businesses will be at a "competitive disadvantage."

After it leaves the European Union in March 2019, the United Kingdom will be treated like other non-EU countries that wish to lawfully transfer data from EU member countries. Obtaining an official European Commission finding that the UK's privacy regime is adequate to protect the privacy of EU citizens' personal data is critical to maintain effective data transfers in a digital economy, according to a July report from the House of Lords EU Committee.

The report said three-quarters of data transfers made by UK companies are with EU countries. If the government cannot secure an adequacy decision, "it could present a non-tariff barrier to trade, particularly in services, putting companies operating out of the UK at a competitive disadvantage. …

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