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UK Data Protection Bill Receives Royal Assent

In advance of the EU’s General Data Protection Regulation (GDPR) going into effect on May 25, the UK’s Data Protection Bill received Royal Assent on May 23, to become the Data Protection Act 2018 (DPA 2018).

The DPA 2018 is designed to:

  • ensure that the standards set out in the GDPR have effect in the UK and to provide for certain derogations permitted by the GDPR;
  • repeal and replace the Data Protection Act 1998 as the primary piece of domestic data protection legislation in the UK; and
  • ensure that the UK and EU data protection regimes are aligned post-Brexit and that the UK will continue to be able to freely exchange personal data with the EU.

The GDPR is directly applicable in all EU member states, including the UK; however, the DPA 2018 supplements the GDPR and includes provisions relating to, for instance, the Information Commissioner’s Office, which is the data protection supervisory authority in the UK. The DPA 2018 also extends domestic data protection laws to areas that are not covered by the GDPR.

The DPA 2018 is available here.

 

©2018 Katten Muchin Rosenman LLP

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Alan Meneghetti, Katten Law Firm, London, Corporate Law and Cybersecurity Attorney
Partner

Alan Meneghetti is a partner in the Corporate group at Katten Muchin Rosenman UK LLP. He undertakes a full range of commercial and regulatory work in the general commercial, aviation and aerospace sectors. His practice ranges from handling regulatory issues to the procurement of suppliers and responses to tenders, to data protection and privacy, information technology, intellectual property, and the drafting and negotiating of various commercial agreements, such as outsourcing, supply, service, and research and development. He has worked extensively on matters in Africa...

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John Ahern, Financial Attorney, London, Katten Law Firm
Partner

John Ahern, partner at Katten Muchin Rosenman UK LLP and head of the London Financial Services group, focuses his practice on banking, financial services, UK and European financial markets, and related regulations. His background in private practice and as in-house counsel at a global investment bank provides him with perspective on the unique regulatory issues facing the wholesale and private banking sectors. John advises multilateral trading facilities, broker-dealers and banks on trading, clearing and settlement as well as custody of securities—both physical and dematerialized. John counsels asset managers and investment advisors on the regulation of alternative funds in Europe. He has a particular focus on regulatory capital, and advises a number of banks and other authorized firms on the requirements and implications of the prudential regime.

He specializes in financial institutions and financial law. He is a member of the Law Society of Ireland, and is admitted to the Bar Associations in England and Wales. 

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Carolyn H. Jackson, International Attorney, Katten Muchin law firm
Partner

Carolyn Jackson is a partner in Katten Muchin Rosenman UK LLP and is a Registered Foreign Lawyer. She provides US financial regulatory legal advice to a broad range of market participants, including commercial banks, investment banks, investment managers, broker-dealers, electronic trading platforms, clearinghouses, trade associations and over-the-counter derivatives service providers.

Carolyn guides clients in the structuring and offering of complex securities, commodities and derivatives transactions and in complying with US securities and commodities laws...

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Nathaniel Lalone, Katten Muchin Law Firm, Financial Institutions Attorney
Senior Associate

Nathaniel Lalone, a partner at Katten Muchin Rosenman UK LLP, has a broad range of experience in the regulation of financial products and financial markets, and frequently provides regulatory and compliance advice to trading venues, clearing houses and buy-side firms active in the over-the-counter (OTC) derivatives, futures and securities markets. He is actively involved in advising clients on the implementation of MiFID 2 and MiFIR in the European Union as well as the international reach of US financial services regulation. He also has significant experience with structuring...

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Neil Robson, private equity fund managers counselor, Katten Law Firm, London
Partner

Neil Robson, a regulatory and compliance partner with Katten Muchin Rosenman LLP, focuses his practice on counseling hedge and private equity fund managers and other investment advisers on operational, regulatory and compliance issues. He regularly addresses Financial Conduct Authority (FCA) and EU authorization and compliance under both the EU Alternative Investment Fund Managers Directive (AIFM Directive) and MiFID, cross-border issues in the financial services sector, market abuse, anti-money laundering and regulatory capital requirements, formations and buyouts of...

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