G-7 Privacy Regulators Aim To Ease Turbulent International Data Flows
Privacy regulators from the Group of Seven countries met in Bonn, Germany, this week to discuss ways to allow data to move more smoothly between the world’s wealthy countries.
Legal deals underpinning bilateral data flows exist among most members of the G-7, which comprises the U.S., U.K., Germany, Italy, France, Japan, and Canada. But a final legal text of a new U.S.-European Union agreement hasn’t been published yet after negotiators said in March that they reached a preliminary deal.
The goal of the meetings is to gradually align the regulators’ approaches to privacy and better understand domestic rules in each jurisdiction. Regulators committed to collaborating on legal methods to move data and “create options for businesses to choose cross-border transfer tools, suitable for their business needs.”
Source: G-7 Privacy Regulators Aim To Ease Turbulent International Data Flows – WSJ
