Bloomberg Law
Free Newsletter Sign Up
Bloomberg Law
Welcome
Go
Free Newsletter Sign Up

U.S., EU Say Discussions Under Way on Privacy Shield Follow-up

Aug. 10, 2020, 1:42 PM

The U.S. Department of Commerce and the European Union have started talks to evaluate the potential for “an enhanced EU-U.S. Privacy Shield framework” after the EU’s top court threw out the current system for shipping data across the Atlantic.

Both sides recognize the “vital importance of data protection and the significance of cross-border data transfers to our citizens and economies,” U.S. Secretary of Commerce Wilbur Ross and EU Justice Commissioner Didier Reynders said in a joint statement on Monday.

“As we face new challenges together, including the recovery of the global economy after the Covid-19 pandemic, our partnership will strengthen ...