On July 12, 2016 the European Commission formally approved and adopted the EU-U.S. Privacy Shield.
Calmer seas are on the horizon for businesses transferring personal data from the EU to the U.S. as negotiators are reported to have agreed today to a new framework for data transfers.
In a landmark decision issued on October 6, 2015, the Court of Justice of the European Union (CJEU) declared the U.S.-EU Safe Harbor for the transfer of personal data to be invalid.
An important reminder for those featuring or referring to the Safe Harbor mark on their websites.
On November 27th, 2013, the European Commission announced that it would not suspend the safe harbor agreement between the EU and the United States that has allowed cross-border personal data transfers between the two jurisdictions since 2000.