5 • 4 Ratings
🗓️ 29 October 2023
⏱️ 11 minutes
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0:00.0 | Hello, I'm Elish and I'm James. |
0:04.0 | And we're both tech and data specialists from Field Fisher, Silicon Valley. |
0:08.0 | So, it's official. The UK's Online Safety Act has finally received Royal Ascent. |
0:13.0 | So on today's episode, we're asking, well, what now? |
0:16.0 | Making headlines with potential fines of up to 18 million GDP or 10% of global annual turnover, |
0:30.4 | the UK's new legislation could prove to be extremely burdensome for those caught in scope. |
0:36.0 | But now that it's actually law, what do businesses |
0:38.3 | need to do and what do the timescales look like now that the actors made it into its final form? |
0:50.8 | So, James, I expect some of our listeners are having deja vu. Didn't we just speak about this a few |
0:56.3 | weeks ago and why are we speaking about it again now? Yeah, thanks, Ilish. So no, you're absolutely right. |
1:01.6 | It's not been all that long since we were talking about the OSA having finished its journey |
1:04.8 | through Parliament on our last podcast. But at the end of that podcast, we were still waiting to |
1:10.2 | see when the OSA would receive royal assent, |
1:12.2 | since in a lot of ways that's the starting gun, which sets all the timers running on the various |
1:16.3 | timelines set out under the legislation. That makes sense. So maybe just before we dive into some |
1:21.5 | of the detail on those timelines, would you be able to give just a very quick recap of what we |
1:25.5 | spoke about on our last podcast for those that weren't able to listen? Yeah, of course. So last time, I guess we basically covered three things. |
1:34.0 | So the first of those was, why has it taken so long? This bill seems like it's gone on forever. |
1:39.7 | And there was a while where we were worried it was going to get stuck in political purgatory. |
1:43.5 | So last time, we went into a little bit more of the detail about going to get stuck in political purgatory. So last time, |
1:44.5 | we went into a little bit more of the detail about what the background was and what the sticking |
1:48.1 | points are. The more probably relevant thing for those tuning in today, though, is who is caught. |
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