The European Commission on Monday released a draft of the EU-U.S. Privacy Shield agreement, which would replace the controversial Safe Harbor provisions that regulated U.S. access to the data of European residents. The legal texts aim to finalize the reform of EU data protection rules, which apply to all companies doing business in the region, EC officials said. An umbrella agreement between the U.S. and the EU would establish high data protection standards on data transfers across the Atlantic.
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EU Fleshes Out Privacy Shield Agreement
Posted by: David Jones March 1, 2016 01:12 PMThe European Commission on Monday released a draft of the EU-U.S. Privacy Shield agreement, which would replace the controversial Safe Harbor provisions that regulated U.S. access to the data of European residents. The legal texts aim to finalize the reform of EU data protection rules, which apply to all companies doing business in the region, EC officials said. An umbrella agreement between the U.S. and the EU would establish high data protection standards on data transfers across the Atlantic.