Whilst a lot of us were considering whether or not we had room
for that additional mince pie, details of the Trade and Cooperation
Agreement between the UK and European Union were released.
From a data protection perspective, the outcome looks positive:
"The Agreement confirms strong data protection commitments by
both the UK and the EU, protecting consumers and helping to promote
trust in the digital economy".
The key news is that there will be a grace period of up to 6
months from 1 January 2021 for transfers of personal data between
the UK & EEA whilst UK works towards obtaining an adequacy
decision.
What does this mean?
It means that all data transfers during this period can continue
uninterrupted and there will be no need to rush to put in place
alternative safeguards e.g. the standard contractual clauses.
Whilst this is frustrating for those who have taken steps
pre-Christmas already, the adequacy decision is not a guaranteed,
and these additional