Since the invalidation of Safe Harbor by a European Court in October 2015, many legal tech firms and businesses have been holding their breath waiting for new guidelines. But even with an initial agreement reached on a replacement for Safe Harbor, named Privacy Shield, the industry’s hope for clarification may still be a long way’s off.
“EU national privacy agencies are requiring greater details about the agreement, and by February 29, the EU commission is required to provide a better explanation of how this is going to protect EU data privacy rights,” said Linda Sharp, associate general counsel of ZL Technologies. “Additionally, all participating EU countries need to approve the Privacy Shield before it can go into effect. I presume that is going to take a little while.”
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