The risk of losing our EU data adequacy agreement is real
The Data Protection and Digital Information Bill was introduced into UK Parliament in July of this year. The intention behind the Bill, in its initial and current form, was already to update and simplify the UK data protection framework in order to “reduce burdens on organisations while still maintaining high data protection standards”.
But any more large-scale changes or significant departures from the GDPR risk jeopardising the UK’s adequacy with the EU. There is a danger that the “review and reconsideration” referred to by Donelan will go further and result in a regime that is no longer “essentially equivalent” to that of the EU.
If the EU authorities determine that the UK’s reform measures render its regime no longer “essentially equivalent”, the adequacy decision falls away, as does the free flow of data between the UK and the EU.
Source: The risk of losing our EU data adequacy agreement is real