Ashurst Data Bytes 2: How UK's Data (Use and Access) Act and the EU Data Act are approaching smart data schemes

In this episode we take a closer look at how the UK’s new Data (Use and Access) Act will regulate non-personal data, in particular through the framework for smart data schemes. Ashurst colleagues Rhiannon Webster and Dr Alexander Duisberg join the podcast from London and Munich respectively to discuss the Data (Use and Access) Act’s framework for smart data schemes. “Smart data schemes are seen by the UK government as a way to increase competition and create greater opportunities for innovation, save time for consumers, reduce costs, and increase the quality of services,” explains Rhiannon. “They also look to improve the security of data sharing and increase the trust in data sharing mechanisms.” Together, Alex and Rhiannon describe the contrasting approaches of UK and EU regulators and what can be learned from these. This includes a comparison of the key provisions and limitations of the UK’s Data (Use and Access) Act and the EU Data Act – from trade secrets and data usage to innovation and competition. And there’s discussion of what might be covered in secondary legislation in the UK and EU. Alex also outlines how proactive EU companies have prepared themselves for September’s implementation, going beyond compliance to enhance data strategy and pursue new business opportunities. To listen to this and subscribe to future episodes, search for “Ashurst Legal Outlook” on Apple Podcasts, Spotify, or your favourite podcast player. To explore more from Ashurst’s podcast library, visit ashurst.com/podcasts. The information provided is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to. Listeners should take legal advice before applying it to specific issues or transactions.      See omnystudio.com/listener for privacy information.