Last week's Brexit deal solidifies the terms under which the United Kingdom will leave the EU. But the issue of data transfers remains open, with great potential for confusion among privacy officers around the globe.
European privacy laws prohibit the transfer of personal information outside the Union without guarantees that the data will be held to the same standard of care. Now that the U.K. is leaving, a firm storing data in the U.K. will eventually be subject to the same burden as those in North America or Africa.
The Brexit agreement says for at least the next four months, British companies can continue as if the U.K. were still in the EU. If neither side objects, another two months could be added on. During that time frame, the EU will evaluate whether or not the U.K. provides an adequate level of regulatory privacy protection to continue on unimpeded.
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