EDPB clarifies Brexit obligations for holders of Binding Corporate Rules which have the UK ICO as their lead authority
On July 22, 2020, the European Data Protection Board (EDPB) released an information note on Binding Corporate Rules (BCRs), which provides guidance for groups of undertakings/enterprises which have the UK Information Commissioner’s Office (ICO) as their competent supervisory authority.
As a consequence of Brexit, BCR holders having the ICO as their BCR Lead Supervisory Authority (SA) need to identify a new BCR Lead SA in the EEA and must amend their BCRs before the end of the Brexit transition period.