Another Brexit triumph

[bensherman]

According to the government data-driven services account for 85% of our services exports and contributed an estimated £259bn to our economy.

In 2021 the EU judged that our standards of data control and security were adequate to protect EU citizens, but that approval expires later this year.

In its wisdom the government is pushing through a new Act, close to closure, called the Data Protection and Digital Information Act which governs this data here. Unfortunately the EU currently believes this will create a regime which will not meet their adequacy requirements.

This threatens business worth £4.6bn and reduces co-operation in academic research, law enforcement and immigration.

Another winner there, chaps.

[local]

According to the government data-driven services account for 85% of our services exports and contributed an estimated £259bn to our economy.

In 2021 the EU judged that our standards of data control and security were adequate to protect EU citizens, but that approval expires later this year.

In its wisdom the government is pushing through a new Act, close to closure, called the Data Protection and Digital Information Act which governs this data here. Unfortunately the EU currently believes this will create a regime which will not meet their adequacy requirements.

This threatens business worth £4.6bn and reduces co-operation in academic research, law enforcement and immigration.

Another winner there, chaps.

Polish another Rodney.

Try reading about it again, with help.

Quite simply as always you comply with the markets requirement you wish to be in, how complicated is that for you to understand?


We export our services to so many places and different markets.

For example The US continues to be the UK's largest trading partner in financial services, accounting for 33.5% of total sector exports, we just comply.




Multinationals with operations in both the UK and the EU/EEA will have to comply with the GDPR and are, in any event, likely to want to do so in most cases in order to simplify compliance and operational efficiency. At a conference on 8 March 2023, representatives from the UK government and data protection regulator, the Information Commissioner's Office (ICO), indicated that, generally, compliance with GDPR would be considered sufficient under UK privacy and data protection laws, even after the introduction of the Act. However, those doing business only in the UK and who do not plan to expand to the EU/EEA may find it easier to comply only with UK laws under the Bill when finalised, given the less onerous requirements that the new UK law will introduce in relation to certain matters. Multinationals may also choose to do the same in relation to their UK-only data processing activities.



Your Still posting rubbish and not understanding it

Were you expecting your fellow Euro crackpots to celebrate our success ?

[bensherman]

Oh dear

You are wrong again.

You make the point that as long as you satisfy other countries' regulations you can do business there. But this Act renders us unable to meet the requirements of the EU and they will not permit us to store data about their people on our systems.

Which blows a big hole in the side of many businesses.

Try to understand before you fire off these stupid posts.

[local]

Oh dear

You are wrong again.

You make the point that as long as you satisfy other countries' regulations you can do business there. But this Act renders us unable to meet the requirements of the EU and they will not permit us to store data about their people on our systems.

Which blows a big hole in the side of many businesses.

Try to understand before you fire off these stupid posts.

What a hoot..........................


I'll put it in big for you;

Multinationals with operations in both the UK and the EU/EEA will have to comply with the GDPR and are, in any event, likely to want to do so in most cases in order to simplify compliance and operational efficiency. At a conference on 8 March 2023, representatives from the UK government and data protection regulator, the Information Commissioner's Office (ICO), indicated that, generally, compliance with GDPR would be considered sufficient under UK privacy and data protection laws, even after the introduction of the Act. However, those doing business only in the UK and who do not plan to expand to the EU/EEA may find it easier to comply only with UK laws under the Bill when finalised, given the less onerous requirements that the new UK law will introduce in relation to certain matters. Multinationals may also choose to do the same in relation to their UK-only data processing activities.


Don't suppose you will be apologising you never do just bluster bluster, waffle waffle.

[bensherman]

In your rush to be BB Bo**ocks you invariably miss the point.

The firms affected by this are already upset about it and examining the need to shift ops to Europe.

I can use bold too

The EU will not allow data about EU nationals to be stored here if firms follow the Act currently being ratified here. Plan enough for you?

IF you see no problem, tell the businesses involved. They don't have your intelligence apparently.