EU Set to Allow Personal Data Swap With UK in Rare Post-Brexit Win for City
By Lucy McNulty
February 19, 2021, Financial News
European policy-makers are set to allow data to continue to be transferred between the UK and the EU — a welcome move for City firms and the first sign of improving relations between the two sides after a series of post-Brexit spats.
In a draft decision, issued by the European Commission on the 19 February, the EU’s executive body said it had concluded “that the UK ensures an essentially equivalent level of protection” on the protection of personal data as that in operation in the bloc.
-
“Excessive” Market Data Costs May Not Fall With MiFID III ‘Consolidated Tape’
-
Smaller Groups Feel the Pinch as Investment Research Costs Slide
-
MiFID II Penalties Quadrupled to €8.4 Million in 2020, ESMA Reveals
-
Opinion: Will the EU and UK Ever Get Over Their Break Up?
-
UK Wholesale Markets Review Eases Brexit Anxieties
