After years of uncertainty in the privacy rules governing transfer of data from the EU to the U.S., the new transatlantic data privacy framework has finally been adopted. On July 10,.
Nearly three years after the European Union's ("EU") high court struck down the EU-U.S. Privacy Shield Framework, the European Commission (the "Commission" or "EC") adopted an adequacy decision.
On 10 July 2023, the European Commission adopted its adequacy decision concluding that the EU-US Data Privacy Framework provides an adequate level of protection for personal data.