By Cameron Abbott, Simon Ly and Rowena Baer
As a follow up to our latest blog post, the European Union and European Commission yesterday announced that the Privacy Shield arrangement has been adopted.
Companies wanting to utilise the Privacy Shield for their Trans-Atlantic data transfers are able to apply for certification with the U.S. Department of Commerce from 1 August 2016, with the US and EU to brief companies on the application process later this week.
For a legal perspective and analysis of the Privacy Shield, please see our colleagues’ report here.
To keep up to date and for an overview of the changes, please see here.