Data Asset Foundations Governance Framework Consultation

Overview

The Department for Enterprise is seeking views on the proposed Governance Framework for Data Asset Foundations.

The Data Asset Foundations regime is intended to provide a structured legal and governance approach to recognising and managing data as an asset. The proposed Governance Framework will support the operation of that regime and provide clarity on governance responsibilities, oversight and related safeguards.

The accompanying Governance Framework Paper sets out proposals for consultation. Feedback will be used to inform the supporting Regulations and guidance before these are finalised.

Why your views matter

We are consulting to understand whether the proposed governance arrangements are clear, proportionate and workable for the organisations and individuals who may participate in the Data Asset Foundations regime.

We welcome views on practical implementation, responsibilities and safeguards, as well as any areas where greater clarity or further guidance may be needed.

The Department will consider the responses received in determining the final approach. The proposals remain subject to the consultation and the applicable approval and legislative processes.

Reasonable adjustments and alternative formats

The Department is committed to equal opportunities and aims to make its documents easy to use and accessible to all.

We will take steps to accommodate reasonable adjustments and provide such assistance as you may require to enable you to access or reply to this consultation.

If you would like to receive this document in another format or need assistance with accessing or replying to this consultation, please email Kasia.Heggs@gov.im or telephone +44 1624 639766.

Responding to this consultation

You can respond to this consultation online by clicking on the 'Online survey' link below.

Alternatively you can download a paper version of this consultation in the 'Related' section below and email it to Kasia.Heggs@gov.im or post it to:

Digital Isle of Man (FAO Kasia Heggs)
St Georges Court 
Upper Church Street 
Douglas 
IM1 1EX 

What happens next

Once the consultation closes, responses will be reviewed and analysed by the Department. A summary of the feedback and the Department response will be prepared and published on the Consultation Hub.

The responses will help inform the final Governance Framework arrangements, including any necessary revisions to the relevant Regulations and supporting guidance.

Publication of consultation feedback is expected within 12 weeks of the closing date, in line with Government consultation guidance.