- June 29, 2021
- Posted by: Stratford Team
- Category: Business
British data protection standards are “adequate”, the EU has ruled in a long-awaited decision that lets digital information continue to flow between the UK and the bloc. But Brussels warned Boris Johnson’s government the decision could be revoked “immediately” if it sees weakening UK standards.
Failure to get a positive decision would have risked plunging British businesses into disarray, leaving industries from banking to logistics scrambling to set up more costly, bureaucratic alternatives to share data.
The UK now has “adequate” status for four years, but the commission warned that could be withdrawn at any time if UK law was no longer deemed to offer EU citizens protection over how their data was used.
The European Commission vice-president Věra Jourová said: “The UK has left the EU but today its legal regime of protecting personal data is as it was. Because of this, we are adopting these adequacy decisions today.”
She added that…
