With the recent approval of the EU-US Privacy Shield framework and the ability to start filing online registrations on 1 August, many companies have questions about the advantages and disadvantages of Privacy Shield as compared to other cross-border transfer mechanisms to cover trans-Atlantic data flows.
Hogan Lovells answers your questions in their publication International Data Transfers – Considering your options, a high-level analysis of the EU cross-border transfer options for companies—including the EU Standard Contractual Clauses, Intra-Group Agreements and other ad-hoc contracts, Binding Corporate Rules, Privacy Shield, and Consent—and the pros and cons of choosing each one.
Privacy Shield is another option on a menu of choices for EU entities looking to transfer personal data to the United States, and US companies looking to demonstrate their reliability to EU organisations.
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