US-EU Data Sharing Deal Privacy Shield Struck Down by European Court
JUL 16, 2020 | US | EUROPEAN UNION
US-EU Data Sharing Deal Privacy Shield Struck Down by European Court
Financial Times, July 16, 2020
By Javier Espinoza and Siddharth Venkataramakrishnan
Thomas Boué, director-general of Europe, Middle East and Africa policy at the Business Software Alliance, which represents companies including Microsoft, Oracle and IBM, said: “We are relieved that SCCs remain valid, which is a positive outcome. But today’s Privacy Shield decision just removed from the table one of the few, and most trusted, ways to transfer data across the Atlantic.”
In response to the judgment, Brussels said it would accelerate its work on modernising SCCs to ensure they can handle the vast flows of private data outside the EU.
Vera Jourova, EU executive vice-president in charge of values and transparency, said the commission would also continue to push the US administration to accelerate work on an American federal privacy law.
Original Posting: https://www.ft.com/content/b7a713e0-fe7e-4893-927c-7e90a1dd56d9
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