UK Smart Data and the Data (Use and Access) Act 2025: Considerations for Businesses

Short summary

The UK government is establishing mandatory data-sharing requirements across banking, finance, energy, retail, and other sectors through the Data (Use and Access) Act 2025, with enforcement powers now in place. Businesses need to assess compliance obligations immediately, with regulatory milestones in 2026-2028. The framework creates opportunities for new data-driven services, though compliance risks and data quality standards must be managed carefully.

• •Mandatory data-sharing obligations coming to 10+ sectors by 2027-28 under new UK law
• •Businesses must assess exposure across banking, finance, energy, property, retail, and telecoms
• •Early engagement with consultations and pilots can unlock government funding and first-mover advantages

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