WP29 brings Binding Corporate Rules in line with the GDPR
On February 6, 2018, the Article 29 Working Party (WP29) adopted updated guidelines on Binding Corporate Rules (“ BCRs “), which replace the previous WP29 working documents 153 and 195 on BCRs and Processor BCRs.
BCRs are one of the permitted data export solutions under European data protection law, allowing members of a corporate group that have committed to a binding and approved set of data protection rules to transfer personal data within their organization (including from inside the European Economic Area to outside of it).
Source: WP29 brings Binding Corporate Rules in line with the GDPR
