On February 2, 2016, the European Commission announced that it had reached an agreement in principle with the United States on a new framework for data transfers.
This new EU-US Privacy Shield is necessary because of the October 2015 Court of Justice of the European Union decision which invalidated the Safe Harbour arrangement (discussed in further depth in this previous article).
On February 29, 2016, the European Commission released a draft “adequacy decision” and the legal text for the new agreement. The adequacy decision establishes that the safeguards under the Privacy Shield will offer equivalent data protection standards to those in place in the EU.… Read More