Statement
Published: 21 September 2023
BritishAmerican Business Welcomes Developments in UK-US Data Bridge
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Welcoming today’s developments in the UK-US Data Bridge regulations, BritishAmerican Business CEO Duncan Edwards said:
“Businesses on both sides of the Atlantic tell us that creating a UK-US data bridge will not only simplify data transfers between both countries but will also remove legal uncertainty and relieve companies of the current onerous and bureaucratic processes.
“Fostering a more efficient environment for data transfers will boost growth opportunities for transatlantic businesses, as well as deliver on the Atlantic Declaration’s ambition to deepen UK-US economic integration.
“The UK-US data bridge will provide much needed certainty for data flows and enhance privacy and protection standards. The establishment of this new framework will help promote secure, cross-border data exchanges.”
About BritishAmerican Business
BritishAmerican Business is the leading transatlantic trade association incorporating the British-American Chamber of Commerce in the US and the American Chamber of Commerce in the UK.
We are committed to strengthening the economic corridor between the United States and the United Kingdom by supporting policies and actions that protect and enhance the environment for transatlantic trade and investment on behalf of our members.
We convene and serve a growing network of companies and business leaders through networking opportunities, bespoke programming, and marketing platforms.
We actively promote trade and investment and support those who make the transatlantic corridor part of their business growth ambition.