The Queen’s speech will see Boris Johnson set out a latest data reform bill to separate the UK from EU privacy laws.
Shortly after Her Majesty’s speech next Tuesday, May 10, the federal government will announce data protection reforms following consultation with businesses and civil society, in accordance with Sky News.
The total package, with a draft bill slated to be published this summer, includes scrapping cookie consent banners – although these usually are not actually covered by the General Data Protection Regulation (GDPR) however the UK’s Privacy and Electronic Communications Regulations.
Nonetheless, the discussion will likely spark over whether the changes risk compromising the UK’s data adequacy status with the EU, which could affect the flow of knowledge between the 2.
A report by the Recent Economics Foundation gave what it described as a conservative estimate that if the UK were to lose its adequacy status, business costs would shoot up by a minimum of £1.6billion over the following 10 years.