EU Approves Digital Data Transfer Conditions
In April, companies will legally be able to send business data outside Europe now that the European Commission has approved standard contractual clauses for digital data transfers.
According to wire service reports, the EC accepted that the proposals put forward by seven international business associations, including the UK’s Confederation of British Industry (CBI) and the International Chamber of Commerce (ICC), to offer an “adequate level of data protection” under its data protection laws.
Approval of the clauses comes after four years of negotiation. It marks the first time that the EC has officially approved a mechanism for data transfers proposed by the private sector, and gives international business an additional tool to transfer personal data outside Europe.