EU-US agree "in principle" on new Safe Harbor framework
The European Union on Monday said it had agreed in principle with the US on a new trans-Atlantic data-transfer agreement. The negotiations between the EU and U.S. became more urgent after the court’s ruling, which raises questions about how much legal certainty a new version could bring businesses because it enshrines the power for national data protection authorities to independently review, and potentially suspend, data transfers to the U.S.
Stakeholder: European Bodies
Tags: new agreement, Safe Harbor, EU-US, data transfer, privacy, data protection