Brussels will allow data to continue flowing freely from the EU to the UK, after acknowledging the country has ensured an appropriate level of protection for personal information.
The EU’s draft decision, seen by the Financial Times, is due to be approved this week.
The Brexit deal, as agreed on Christmas Eve, had a number of conspicuous oversights, with those surrounding the services industry and data-sharing the most prominent.
The news will be welcomed especially in industries like iGaming, where industry leaders had previously expressed concern that the agreement would place the companies that practise in both the EU and the UK in difficult.
At the start of February, BusinessNow.mt spoke to Enrico Bradamante, founder and chairman of Malta’s association of iGaming companies, iGen, who said that iGaming practitioners were being left in the lurch, forced to “what and see” what agreement might be made on data.
The European Gaming and Betting Association had expressed concern about the impending expiration of an interim data-sharing agreement between the EU and the UK, and stated that they found the most pressing issue with Brexit was that of “cross-border data flows”.
The interim data-sharing agreement that allowed companies to continue to transfer data between the EU and the UK was due to expire at the end of June.
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