EU Justice Commissioner Vera Jourová and her colleague Andius Ansip gave a press conference this afternoon (local time) announcing that the long-running negotiations between the EU and US to find a replacement to the invalidated Safe Harbor program have reached a successful conclusion. The US Department of Commerce gave a subsequent briefing about the agreement via telephone from Washington, DC and Brussels, during which it accepted questions from participants.
The new program will be called the EU-US Privacy Shield and is expected to be in operation in three months’ time.
Find out more about key provisions of the new program.
For more information about the impact of the new program on your business, please contact: