The UK will not become a third country under European data protection law on January 1st 2021. The EU and the UK have agreed, in their agreement of 24 December 2020, that there will continue to be a free flow of personal information between the EU and the UK for four months, with a possible extension to 6 months.
In the meantime, the EU and the UK will be working on a permanent solution in the form of an adequacy decision. If finalized, this decision would mean that UK data protection laws meet the GDPR-standards and provide adequate protection of personal data from the EU.
Only if this decision is not finalized in time, the UK will become a 'third country'. For more information in English, see the website of the UK's Information Commissioner's Office (ICO): https://ico.org.uk/
about-the-ico/news-and-events/ news-and-blogs/2020/12/ico- statement-in-response-to-uk- governments-announcement-on- the-extended-period-for- personal-data-flows-that-will- allow-time-to-complete-the- adequacy-process/
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