E.U. and U.S. Release Details on Trans-Atlantic Data Transfer Deal
The European Commission released the draft adequacy decision on February 29, 2016. The adequacy decision implements the Trans-Atlantic data transfer deal. The “Arrangement” will be known as the EU-US Privacy Shield. The Arrangement was concluded on February 2, 2016. The European Commission states that the Arrangement will comply with the requirements set by the Court of Justice of the European Union in Case C-362/14 Maximillian Schrems v Data Protection Commissioner.
1. Privacy Principles
Us organizations undertake to commit to the following set of privacy principles: