As the UK prepares to leave the EU at the end of the transition period, the most important question that remains is whether or not the European Commission will make an ‘adequacy decision’ in favour of the UK in time for the end of the transition period.
To add to this, the Court of Justice of the European Union’s (CJEU) recent Schrems II decision has created additional confusion for organisations regarding the steps they need to take to prepare for 31 December 2020.
Businesses should therefore start to review their data protection policies and processes now (if they have not done so already) to ensure they will be compliant with the new regime from 1 January 2021.
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