On Friday, March 25, President Biden and European Commission President Ursula von der Leyen announced
a new agreement in principle for trans-Atlantic data flows. Although details about the new Trans-Atlantic Data Privacy Framework have not yet been made public, this represents a significant step forward in resolving nearly two years of uncertainty for companies transferring data from the EU to the US in the wake of the July 2020 Schrems II
decision invalidating the US-EU Privacy Shield Framework.
President Biden stated on Friday that the new data flow agreement includes “unprecedented protections for data privacy and security” and “underscores our shared commitment to privacy, data protection, and the rule of law.” President von der Leyen said the agreement “will enable predictable and trustworthy data flows between the EU and US, safeguarding privacy and civil liberties.”
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