APR 26, 2022 | GLOBAL
BSA Leads Multi-Industry Letter Supporting Finalization and Implementation of Trans-Atlantic Data Privacy Framework
WASHINGTON – April 26, 2022 – BSA | The Software Alliance today sent a multi-industry letter signed by 23 associations to President Biden commending the United States and the European Commission on the recently announced Trans-Atlantic Data Privacy Framework. This framework will reestablish the Privacy Shield program as a critical mechanism for trusted US-EU data transfers while improving protections for individual privacy and civil liberties.
Companies of all sizes and across industries depend on international data flows to provide the goods and services that underpin the global economy. Transatlantic data flows account for over one-half of Europe’s data transfers and nearly half of US data transfers, and with transatlantic trade valued at more than $1 trillion, the economic implications are significant. There is a critical need for stable, reasonable, and trusted mechanisms that support responsible cross-border data flows across jurisdictions.
In the letter, BSA and the other associations emphasized that the Framework “can enable expanded transatlantic commerce, strengthen data protection, and provide a reliable legal framework for responsible transatlantic data transfers.”
To read the full letter, please click here.
BSA | The Software Alliance (www.bsa.org) is the leading advocate for the global software industry before governments and in the international marketplace. Its members are among the world’s most innovative companies, creating software solutions that help businesses of all sizes in every part of the economy to modernize and grow.
With headquarters in Washington, DC, and operations in more than 30 countries, BSA pioneers compliance programs that promote legal software use and advocates for public policies that foster technology innovation and drive growth in the digital economy.