European Commission and U.S. Department of Commerce to Discuss Enhanced EU-U.S. Privacy Shield Framework
On August 10, 2020, U.S. Department of Commerce and the European Commission announced they have initiated discussions to evaluate the potential for an enhanced EU-U.S. Privacy Shield framework to comply with the CJEU’s Schrems II ruling that declared the EU-U.S. Privacy Shield framework no longer valid to transfer personal data from the EU to the U.S.
Joint press statement emphasizes the need to strengthen data protection as well as the importance of cross-border data transfers to EU and U.S. citizens and to both economies.
