How Will Brexit Change Compliance?

Share this post

The UK has left the European Union, and as of 23:00 (GMT) on 31st December 2020, the transition period will come to an end.

As it still not clear if a new trading agreement will be in place beforehand, W2 have taken steps to ensure that any risks associated with information and/or data sharing have been adequately addressed.

Data transfer

The EU has not at this point, granted the UK and GDPR equivalency status. We continue to hope that this, or a trade agreement is in place before the 31st. However, we have in place with our EEC clients standard contractual clauses under which we facilitate data transfers.

A new set of Standard Contractual Clauses (SCC) have been drafted, and the consultation period for these closed on the 10th December 2020.

While it was planned that the new SCC’s would be adopted by 31st December, it appears that these will not be adopted until early 2021, and as such we will continue to operate under the existing SCC’s until such time that the new ones are adopted.

W2, like other businesses, continue to hope that the EU grants the UK and Adequacy decision in relation to data security and GDPR compliance, however, until this time, we will continue to operate under the SCC’s.

What are the SCCs?

If someone in Europe (in the EEA) sends personal data to someone else who is outside the EEA, they must comply with GDPR rules on international transfers of personal data.  The standard contractual clauses (the SCCs) are one of a number of ‘safeguards’ which can be used to comply, and the one most likely to be appropriate for small and medium-sized businesses.

The SCCs are standard sets of contractual terms and conditions which the sender and the receiver of the personal data both sign up to.  They include contractual obligations which help to protect personal data when it leaves the EEA and the protection of the GDPR.

The SCCs are an additional safeguard for a ‘no-deal’ Brexit and do not replace any current W2 contracts.

Structure of UK sanctions lists

After the transition period has ended, there will be some changes to the structure of the UK sanctions lists as the UK will no longer be bound by EU regulations.  UK sanctions will fall under the sanctions and Anti-money Laundering Act 2018 (SAMLA), and the UK will continue to implement UN sanctions using this act.

Please contact us for further information: [email protected]

More To Explore

Membership

Merchant Community Membership

Are you a member of The Payments Association?

Member benefits include free tickets, discounts to more tickets, elevated brand visibility and more. Sign in to book tickets and find out more.

Welcome

Log in to access complimentary passes or discounts and access exclusive content as part of your membership. An auto-login link will be sent directly to your email.

Having trouble signing?

We use an auto-login link to ensure optimum security for your members hub. Simply enter your professional work e-mail address into the input area and you’ll receive a link to directly access your account.

First things first

Have you set up your Member account yet? If not, click here to do so.

Still not receiving your auto-login link?

Instead of using passwords, we e-mail you a link to log in to the site. This allows us to automatically verify you and apply member benefits based on your e-mail domain name.

Please click the button below which relates to the issue you’re having.

I didn't receive an e-mail

Tip: Check your spam

Sometimes our e-mails end up in spam. Make sure to check your spam folder for e-mails from The Payments Association

Tip: Check “other” tabs

Most modern e-mail clients now separate e-mails into different tabs. For example, Outlook has an “Other” tab, and Gmail has tabs for different types of e-mails, such as promotional.

Tip: Click the link within 60 minutes

For security reasons the link will expire after 60 minutes. Try submitting the login form again and wait a few seconds for the e-mail to arrive.

Tip: Only click once

The link will only work one time – once it’s been clicked, the link won’t log you in again. Instead, you’ll need to go back to the login screen and generate a new link.

Tip: Delete old login e-mails

Make sure you’re clicking the link on the most recent e-mail that’s been sent to you. We recommend deleting the e-mail once you’ve clicked the link.

Tip: Check your security policies

Some security systems will automatically click on links in e-mails to check for phishing, malware, viruses and other malicious threats. If these have been clicked, it won’t work when you try to click on the link.

Need to change your e-mail address?

For security reasons, e-mail address changes can only be complete by your Member Engagement Manager. Please contact the team directly for further help.

Still got a question?