European Commission Adopts South Korea Adequacy Decision
On December 17, 2021, the European Commission announced that it had adopted its adequacy decision on the Republic of Korea. The adequacy decision allows for the free flow of personal data between the EU and Korea, without any further need for authorization or additional transfer tool. The adequacy decision also covers transfers of personal data between public authorities.
The adequacy decision builds on the protections afforded to Europeans under Korean law when their data is transferred, including through additional safeguards agreed by both parties as part of the adequacy dialogue, such as additional transparency requirements and onward data transfer requirements.
Source: European Commission Adopts South Korea Adequacy Decision