UK: Prime Minister unveils Brexit Freedoms Bill to remove or update retained EU law
The Prime Minister's Office, 10 Downing Street announced, on 31 January 2022, its plans to bring forward the 'Brexit Freedoms Bill' to mark the two-year anniversary of 'Getting Brexit Done'. In particular, the announcement notes that the aim of this bill is to make it easier to amend or remove outdated retained EU law, as current rules would require primary legislation for any minor or technical changes, in an endeavour to cut £1 billion of red tape and ease regulatory burdens for UK businesses. Additionally, the announcement provides that the bill will bring an end to the special status of EU law, with Prime Minister, Boris Johnson stating "the plans we have set out today will further unleash the benefits of Brexit and ensure that businesses can spend more of their money investing, innovating, and creating jobs".
Furthermore, the announcement makes reference to a policy document entitled 'The Benefits of Brexit: how the UK is taking advantage of leaving the EU' which will set out how the government is using new freedoms in different sectors to transform the UK into the best regulated economy in the world. Notably, the announcement highlights the plan to move in a faster, more agile way to regulate new digital markets and artificial intelligence, and creating a more proportionate and less burdensome data rights regime compared to the General Data Protection Regulation (Regulation (EU) 2016/679) ('GDPR').
You can read the press release here.