Common Contracts
1 similar null contracts
WHAT WILL U.S. COMPANIES HAVE TO DO TO COMPLY WITH THE EU PRIVACY SHIELD AGREEMENT?May 30th, 2021
On February 2, 2016, the EU Commission and U.S. Department of Commerce reached an agreement on a program called the EU-U.S. Privacy Shield (“Privacy Shield”) that establishes a new framework for the transfer of personal data for commercial purposes from the EU to the U.S. The Privacy Shield replaces the Safe Harbor Program (“Safe Harbor”), which the European Court of Justice (“CJEU”) struck down last October in the Schrems case over concerns that U.S. companies were not adequately protecting the personal information of EU citizens.
