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Data

The EU/US Privacy Shield Framework

COMPANIES AND THE EU/US PRIVACY SHIELD FRAMEWORK

Introduction – what is the Privacy Shield Framework?

On 24 October 1995, the European Commission’s Data Protection Directive came into effect, prohibiting the transfer of privacy information of European residents to Non-European Union countries that fail to comply with the EU’s “adequacy” standard for data protection. Because there exist strong commercial ties between the EU and the US, transfer of personal data plays a major role in the transatlantic relationship, most especially in the modern day digital economy.

Categories
Data

General Data Protection Regulation | an introduction

COMPANIES AND THE EU GENERAL DATA PROTECTION REGULATION (a.k.a. GDPR)

Introduction — what is the GDPR?

As you know, by May 25, 2018, all companies processing the personal data of EU citizens and residents have only a short time to comply with a new data regulation regime known as the General Data Protection Regulation (GDPR) (Regulation (EU) 2016/679).