The transfer of personal data is an important part of many economic and social relationships, particularly in the transatlantic region. In the past, however, there have always been conflicts between European data protection standards and the less stringent standards in the U.S. After years of negotiations between the European Union and the U.S., an agreement in principle has now been reached on a framework for transatlantic data exchange.
The Transatlantic Data Privacy Framework is a far-reaching, intergovernmental agreement that allows companies to transfer personal data to the U.S. without violating European data privacy laws. For the first time, there are clear rules on how these data transfers can be carried out, increasing legal certainty for businesses.
The Trans-Atlantic Data Privacy Framework
The European Union and the United States have agreed on a data protection agreement that governs transfers of personal data. The Trans-Atlantic Data Privacy Framework requires companies to commit to protecting personal data of European citizens the same way they protect data of U.S. citizens.
The framework aims to achieve a consistent level of data protection for data transfers to the U.S. and back to the EU. The agreement comes in the wake of the 2015 Safe Harbor ruling, which declared the previous data transfer regime between the EU and the U.S. insufficient.
To receive certification under the Trans-Atlantic Data Privacy Framework, U.S. companies must comply with specific privacy requirements. These include, among other things, measures to protect the privacy of users and the disclosure of data access by authorities.
The Trans-Atlantic Data Privacy Framework is an important step towards data protection and privacy. It aims to facilitate data sharing with the U.S. and raise the protection of personal data to a high level.
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