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?
These are among the questions the House
of Lords EU Financial Affairs Sub-Committee will be
asking the witnesses below
at 10.15am on Wednesday
23 May 2018:
-
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.
Other questions the Committee is also likely to ask
include:
-
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?
This evidence session will take place at
10.15am on Wednesday 23 May in Committee Room 4A of the House of
Lords.
