UK gets data flows deal from EU — for now
The U.K.’s digital businesses can breathe a sigh of relief today as the European Commission has officially signed off on data adequacy for the (now) third country, post-Brexit.
It’s a big deal for U.K. businesses, as it means the country will be treated by Brussels as having essentially equivalent data protection rules as markets within the bloc, despite no longer being a member itself — enabling personal data to continue to flow freely from the EU to the U.K. and avoiding any new legal barriers.
The granting of adequacy status has been all but assured in recent weeks, after European Union Member States signed off on a draft adequacy arrangement. But the Commission’s adoption of the decision marks the final step in the process — at least for now.