UK Government Issues Statement Of Intent

The government has noted that data flows account for a larger proportion of GDP  growth than traditional goods and therefore unencumbered data transfers are 'essential to the UK forging its own path as an ambitious trading partner.'  The UK is therefore seeking to assure the world that we are Brexit ready:

Ahead of the Data Protection Bill which is expected this month, the government has published a Statement of Intent for the future data regime.  While the EU General Data Protection Regulation (GDPR) will become law in the UK on May 25th 2018, the UK is leaving the EU in March 2019 and some asked what this means for compliance.  The Statement emphasises that the GDPR will be transposed into domestic law in order to ensure a smooth data-flow between the UK and EU, insuring there are no issues post Brexit.