This year's European Court of Justice landmark Schrems II decision invalidated the EU-US Privacy Shield Framework and put a question mark over the use of other data transfer mechanisms. Switching from Privacy Shield towards standard contractual clauses is no longer a bulletproof option. Consequently, many companies found themselves operating in a grey zone of compliance: stop data transfers, or keep calm and carry on. In a world where data is the new gold, new guidance from the European Data Protection Board (EDPB) and the European Commission's (EC) new draft for standard contractual clauses is meant to bring some clarity.
Please join Wilson Sonsini partners Jan Dhont and Cedric Burton as they host a panel of experts to discuss the following topics:
- What was Schrems II really about and how does it impact companies exporting and importing data from the EU?
- What measures should companies consider according to the EDPB to transfer data under the standard contractual clauses?
- What are the EC's new draft standard contractual clauses, and do they offer flexibility and legal certainty?
- What does this mean both in the B2C and B2B context?