American businesses could be required to report requests by U.S. intelligence services for the data of European users under a trans-Atlantic data-transfer pact now being negotiated, according to the European Union’s justice commissioner. Source: EU Wants U.S. Firms to Help Mitigate Data-Protection Concerns – WSJ
US Federal Trade Commission bureau director says EU national data protection authorities had only referred four privacy complaints over the 15 years life span of Safe Harbour. Source: EU data chiefs failed to report privacy complaints to US
The Swiss Federal Data Protection and Information Commission (FDPIC) released, on 22 October 2015, a press release stating that until a new agreement can be reached between the US and Switzerland, the US-Swiss Safe Harbor can no longer be considered a valid mechanism for data transfer, in light of the Court of Justice of the European…
The group of leading global privacy experts hopes to see greater cooperation between Europe’s privacy regulators and the Federal Trade Commission. Source: As U.S. Tech Companies Scramble, Group Sees Opportunity in Safe Harbor Decision – The New York Times
As predicted the first European DPA has challenged a cross border mechanism other than Safe Harbor. Applying the reasoning of the ECJ opinion on the Source: DPA in Schleswig-Holstein issues position paper suggesting they will ban cross border transfers based on SCCs
Ireland’s role as the de facto chief privacy regulator of the European Union is coming under scrutiny after the European Court of Justice struck down the U.S.-EU Safe Harbor data-transfer agreement, the Financial Times reported. “American and European officials working on a new agreement for the international transfer of digital data like social media posts…
Following yesterday’s CJEU ruling, which invalidated the Safe Harbor regime governing EU/US data transfers, experts from multiple Bird & Bird offices hosted a complimentary webinar to analyse the decision, its consequences and potential implications for businesses. Source: Safe Harbor Invalid: Recorded Webinar and US Reaction
The EU’s highest court struck down a trans-Atlantic data pact used by thousands of companies to transfer Europeans’ personal data to the U.S., a decision that will ripple through businesses such as online advertising and cloud computing. The ruling against the ‘Safe Harbor’ pact was a victory for privacy advocates. Source: EU Court Says Data-Transfer…
The contradictory nature of data privacy and anti-money-laundering rules in the U.S. and E.U. pose a big challenge for multinational banks. But the financial sector can help fix the problem by establishing industry standards that balance national security with individual rights. Source: Data Privacy and AML Rules on a Transatlantic Collision Course | Bank Think
US Senate paves the way for datasharing – POLITICO.
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