Connect with us

Hi, what are you looking for?

Editor’s Pick

Dorries outlines new data laws to replace GDPR

Nadine Dorries has continued to pave the way for the post-Brexit digital landscape this evening, emphasising the UK’s departure from EU bureaucracy.

In its fresh consultation released tonight, the government have set out how the Data Reform Bill announced in this year’s Queen’s Speech will strengthen the UK’s data protection standards while reducing burdens on businesses to deliver around £1bn in cost savings for firms across the country.

Since the European Union’s complex General Data Protection Regulation (GDPR) was brought in four years ago, many businesses have complained about its lack of clarity, and ‘box-ticking’ nature. It is also argued that the one-size-fits-all European approach puts disproportionate burdens on startups and scale ups.

By contrast, the new bill will remove the UK GDPR’s prescriptive requirements – including the need for certain organisations to undertake lengthy impact assessments.

Digital Secretary Nadine Dorries said the new laws would make it easier to “unlock the power of data to grow the economy and improve society”.

Isabel Simpson, Global Data Protection Lead for KPMG Law praised the government move, and told media: “It is right to have controls in place that are appropriate for the size and type of organisation, rather than a blanket approach”.

However, she did emphasise that firms need to take note of the Information Commissioner’s Office’s objectives and ensure that their privacy management programmes meet updated regulatory expectations.

Partner at Addleshaw Goddard Ross McKenzie was less sympathetic to the new measures, saying: “The shadow of the EU GDPR will still loom large over UK businesses that operate across the EU and UK”.

Indeed, compliance with the EU rules will still be required for EU operations and where UK companies process EU data in the UK, meaning that the new measures won’t benefit many multinational companies.

“Many businesses will struggle to benefit from a twin regime when trying to manage data protection compliance in a consistent and uniform way.”

The bill will also hike financial penalties for nuisance calls and minimise cookie pop-ups for users.

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

News

PHILIPPINE STAR/ MICHAEL VARCAS WASHINGTON D.C. — The United States is seeking to form a coalition of countries to drive negotiations on a global...

News

Buildings are seen along EDSA in Quezon City. — PHILIPPINE STAR/ MIGUEL DE GUZMAN By Diego Gabriel C. Robles  THE WORLD BANK (WB) upgraded...

News

Heavy traffic is seen on the southbound lane of EDSA in Cubao, Quezon City. — PHILIPPINE STAR/ MIGUEL DE GUZMAN THE PHILIPPINE auto industry’s...

News

REUTERS THE BANGKO SENTRAL ng Pilipinas (BSP) may deliver a second off-cycle rate hike in early November when the US Federal Reserve is expected...

News

Vendors arrange their goods at a public market in Manila. — PHILIPPINE STAR/ RUSSEL A. PALMA THE ASIAN Development Bank (ADB) is planning to...

Editor’s Pick

With the reversal of the 1.25% rise in National Insurance Contributions happening on the 6th of November, employers across the nation have an opportunity...

You May Also Like

News

BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...

News

KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...

News

REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...

News

COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

Disclaimer: Respect Investment.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.