Mensuel de juillet 2021 - Informatique financière

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Long-awaited clarity on required safeguards for international data transfers
By Vincent WELLENS and Sigrid Heirbrant, NautaDutilh Avocats Luxembourg S.à r.l.*   June has been an exciting month for privacy experts. Various recent publications have shed more light on the rules to protect personal data when transferred outside the European Economic Area (the ‘EEA’).   On 4 June 2021, the European Commission published the final version of its standard contractual clauses for the transfer of personal data to third countries (the ‘new SCCs’). SCCs are a tool used for international data transfers that has gained in importance following the invalidation by the Court of Justice of the European Union (the ‘CJEU’) in Schrems II(1) of the Privacy Shield for data transfers to the US. On that same date, the European Commission also...
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