Important Information
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On July 16th, the CJEU issued the Schrems II judgment which invalidates the Privacy Shield Decision and provides clarifications on SCCs.
A lot of noise and “fog” amongst organizations, particularly on the effects of the Schrems II judgement. This means that EU organizations should not be able anymore to rely on EU-U.S. Privacy Shield for transferring data to U.S.-based organizations.
It is, however, expected for the EU supervisory authorities and EDPB to react soon and to shed more light on this issue for the organizations.
Relevant highlights:
To read the entire legal bulletin, please download the .pdf attached or visit http://www.tuca.ro/legal_bulletin/
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