Concerns are growing that the UK will face a post-Brexit ‘data wall’ that will stymie the €272 billion of trade in Europe that relies on data flows. The lack of progress, with Brexit day only a few months away, is now a serious cause for concern for the UK’s tech community.
The UK has already applied the EU’s General Data Protection Regulation (GDPR) into its national law, but that does not guarantee the continued free flow of data after next March. It will be classified as a ‘third country’, and its application of GDPR will not guarantee an adequacy decision – which determines that a third country has an adequate data protection regime, and that European personal data can be processed there.
Source: Data talks not started, admits minister as UK faces EU ‘data wall’ – EURACTIV.com