A cautious approach: What does the EU-US adequacy decision actually mean for international data transfers?

On 10 July 2023, the European Commission adopted its long-awaited adequacy decision for the EU-US Data Privacy Framework (“DPF“) finding that data transfers from Europe to the US pursuant to the DPF would benefit from an adequate level of data protection. The adoption of the adequacy decision provides some much-needed certainty around EU-US international data … Read more

May Data Wrap: A snapshot of key regulatory developments

On 22 May 2023, following the adoption of a binding decision by the EDPB, the Irish Data Protection Commissioner (“DPC“) concluded its own-volition inquiry against Meta regarding the legality of international data transfers from Meta Ireland to the US. The DPC concluded that such transfers infringed the GDPR and directed Meta to suspend its transfers … Read more

President Biden’s Executive Order implements EU-US data privacy framework

President Biden recently issued an Executive Order on Enhancing Safeguards for United States Signals Intelligence Activities (the Privacy EO) outlining steps that the US Government is taking to implement the US commitments under the European Union-US Data Privacy Framework (the Privacy Framework) that the US and the European Commission (EC) announced in March 2022 to … Read more

WHAT WE KNOW SO FAR ABOUT THE NEW TRANS-ATLANTIC DATA PRIVACY FRAMEWORK

Summary Following the European Commission’s (“EC”) announcement of the new Trans-Atlantic Data Privacy Framework (the “Framework”) earlier this year, Lawyer and privacy activist Max Schrems’ organisation, NOYB, recently issued an open letter to EU and US officials arguing that the proposed framework is unlikely to withstand legal challenge and overly resembles its predecessor, the now-defunct … Read more

US Federal Trade Commission Updates Safeguards Rule for Consumer Financial Information

The US Federal Trade Commission (the FTC) released the text of a Final Rule (the Final Rule) on October 27, 2021, amending the Standards for Safeguarding Consumer Information (the Safeguards Rule). Since 2003, the Safeguards Rule has set the data security standards applicable to certain non-banking financial institutions, as defined under the Gramm-Leach-Bliley Act of … Read more