IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 12 Jul 2016 | Removal date: open ended
Still in force

Local operations

Effective July 12, 2016 the European Union and the United States adopted a EU-U.S. Privacy Shield. The framework was designed by the U.S. Department of Commerce and the European Commission to provide companies on both sides of the Atlantic with a mechanism to comply with data-protection requirements when transferring personal data between the European Union and the United States in support of transatlantic commerce.

 

It is intended to protect the fundamental rights of persons in either party whose personal data is transferred to the other, and to facilitate trade by bringing legal clarity for businesses relying on transatlantic data transfers. As reached on February 2, 2016, the agreement replaced the old Safe Harbour framework, which had been declared invalid by the European Court of Justice in an October 6, 2015 ruling.

 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

841 Telephony & other telecommunications services
842 Internet telecommunications services

Please report this page in case you detect an inaccuracy in its content.