EU Regulators Take Tough Data-Transfer Approach After Ruling (2)

European Union regulators are adopting a much tougher approach to trans-Atlantic data transfers to meet the demands of a landmark ruling last week that warned about potential American surveillance.

Companies won’t have a grace period to comply with the decision by the EU’s top court that undercuts the current system, according to a six-page document prepared by regulators. In addition, firms must make assessments on how U.S. laws might curb privacy protections for European residents.

EU data-protection watchdogs grappled with ramifications of the Court of Justice ruling striking down the so-called Privacy Shield during a nearly 9-hour meeting that ended ...