The European Commission now has an additional six months to complete its adequacy assessment of the UK’s data protection laws, thanks to an agreement in principle reached by the European Union and the United Kingdom regarding the EU-UK Trade and Cooperation Agreement (“the Agreement”). As a result, companies can – at least for now – continue to move data from the EU to the UK without putting in place additional safeguards. The UK’s transition out of the EU ended December 31, 2020, and as of January 1, 2021 it is treated as a third country for purposes of the EU General Data Protection Regulation (“GDPR”). Article 45 of…