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February 2, 2016

02 February 2016

New Framework on Transatlantic Data Flows Agreed – the “EU-US Privacy Shield”

The European Commission has announced that a political agreement has been reached on a new framework on transatlantic data flows. The announcement was made in a press conference on  February 2nd by Vice President Ansip and Commissioner Jourová , in which the Commissioner expressed the hope that the new framework, dubbed the “EU-US Privacy Shield,” will be in force within three months. The Commissioner identified three key elements of this new framework: (i) strong obligations on companies handling the personal data of Europeans and robust enforcement; (ii) clear safeguards and transparency obligations on US government access; and (iii) effective protection of the rights of EU citizens, with several redress possibilities.

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