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Daily Dashboard | EU, Japanese officials discuss data flow framework Related reading: FCA rules would force banks to reveal number of security breaches

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Japan's Minister of Economy, Trade and Industry Hiroshige Seko and European Commission Vice President Andrus Ansip have met to discuss the development of a data-transfer mechanism between their two respective realms, Nikkei Asian Review reports. With the General Data Protection Regulation's May 2018 debut, the EU is looking to strengthen its ban of transferring data outside the bloc. However, the Japanese government is hoping to move "toward securing free movement of data" with these discussions, which "are running concurrently with negotiations for a bilateral economic partnership agreement," as well as the EU-Japan Business Round Tables, the report states. Securing these flows means stabilizing "routine business operations" and allows for continual innovation with internet-of-things devices, which often have Japanese developmental roots. European Commission Vice President Andrus Ansip and Commissioner Vĕra Jourová released a joint statement on the dialogue regarding data protection and data flows with Japan.
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