Transcript
Apple Card Advertiser (0:00)
This message is brought to you by Apple Card. Apple Card members can earn unlimited daily cash back on everyday purchases wherever they shop. This means you could be earning daily cash on just about anything, like a slice of pizza from your local pizza place or a latte from the corner coffee shop. Apply for Apple Card and the Wallet app to see your credit limit offer in minutes subject to credit approval. Apple Card issued by Goldman Sachs Bank USA Salt Lake City Branch terms and
Interviewer (0:26)
more@applecard.com now the European Union's data protection rules, known by the acronym gdpr, are one of the most significant and far reaching of Europe's technology regulations. Enforced since 2018, it's been described as a gold standard for data protection, but has come in for criticism from the Trump administration for unfairly targeting American tech companies. The pressure from the US Comes amid a drive in Brussels to reduce regulatory burden for companies, which includes changes to the gdpr. The European Data Protection Board ensures consistent enforcement of these data rules across the 27 EU members and its chair Anu Talos joins us from Brussels this morning. For more and a good morning welcome to Bloomberg Radio. Now this review process is underway for the gdpr, but you've argued against some of the changes to the digital rulebook. Why?
Anu Talos (1:13)
Well, to start with, we also did see some of the suggestions as a positive elements. The digital environment is getting increasingly complex and multilayered, so there are also increasing number of laws which regulate the digital environment. And it's not only about a question of the gdpr, it is also a question about the interplay with the GDPR and this other legislation. And there has been a call for simplification. And this is actually something what we quite well understand. And when it comes to making the legislative framework more simple, cutting the red tape without touching the core of the gdpr, without touching the core of the values tried to protect with the gdpr, we have actually been quite open for the suggestions. But when it comes gets closer to the core of the GDPR, and this is what we think when it touches upon the definition of personal data, then this is where we see that it would, for example, create legal uncertainty. The suggestion to to amend the definition of personal data would go beyond the court's case law and it would create a legal uncertainty. And I actually don't think that this would be beneficial for anyone. No one wants legal uncertainty.
Interviewer (2:49)
So what's the risk then if these rules, if that definition were to change, will people's personal data be at risk?
Anu Talos (2:57)
