Following the decision of the European Court of Justice on the 6th of October 2015 in the case of Maximilian Shrems vs Irish Commissioner which declared the old Safe Harbour framework invalid, the European Commission has adopted on the 12th of July 2016 the EU – U.S Privacy Shield. The new framework which seeks to provide an efficient solution for EU to US data flows as well as bringing legal clarity for businesses relying on transatlantic data transfers, includes:
For further enquiries on the above topic please contact Loizos Papacharalambous or Loucas Koushos at Koushos, Korfiotis, Papacharalambous LLC by telephone (+35722664555) or e-mail (loizosp@kkplaw.com, lkoushos@kkplaw.com)”
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