The cost of implementing the proposed amendments to the data protection regime in the EU will far outweigh the benefits, an impact assessment led by the UK’s Ministry of Justice has concluded.
The European Commission has predicted that the new rules,
"The UK government is seriously concerned about the potential economic impact of the proposed data protection regulation," said justice minister Helen Grant in a written statement. "At a time when the Eurozone appears to be slipping back into recession, reducing the regulatory burden to secure growth must be the priority for all Member States. It is difficult therefore to justify the extra red-tape and tick box compliance that the proposal represents.
"The UK government will continue to push for a lasting data protection framework that is proportionate, and that minimises the burdens on businesses and other organisations, whilst giving individuals real protection in how their personal data is processed."