LORDS

Committee explores data sharing post-Brexit

23 May 2018

EU Financial Affairs Sub-Committee speaks to industry experts on post-Brexit data sharing.

Witnesses

Wednesday 23 May 2018 in Committee Room 4A, Palace of Westminster

At 10.15am

  • Simon Gleeson, Partner, Clifford Chance
  • Rosemary Jay, Senior Consultant Attorney, Hunton Andrews Kurth
  • Ian Walden, Professor of Information and Communications Law, Queen Mary University London

Likely questions

  • Which parts of the financial services industry will be hardest hit by the loss of the ability to transfer data across the EU?
  • What impact will the General Data Protection Regulation (GDPR) have?
  • How will the UK's 'onward transfer' of data to non-EU countries affect the relationship with the EU?
  • How is the financial services industry responding to the data challenges posed by Brexit? Are firms changing their contracts, introducing Binding Corporate Rules, or adopting other approaches?
  • Are any firms planning to move their data centres from the UK into the EU27?
  • Are there opportunities for the UK to put in place a better data sharing regime post-Brexit?
  • The FinTech sector is particularly data intensive. How might the eventual post-Brexit data regime affect the attractiveness of the UK as a base for FinTech firms?

Further information

Image: iStockphoto

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