Elements of this image furnished by NASA. Credit: denisismagilov – stock.adobe.com The New SCCs Are Here. What Does This Mean for Non-EU Companies?
Similar to when GDPR passed in 2018, non-EU companies who are not directly subject to GDPR can expect to find themselves having to comply with additional privacy obligations under the new SCCs by virtue of their interactions with EU-based entities or EU personal data.
June 10, 2021 at 12:00 PM
6 minute read
Last week, following a lengthy review, the European Commission has finally approved an updated version of the Standard Contractual Clauses (SCCs) to govern data transfers. Companies will have approximately 18 months to overhaul and adapt their data agreements and privacy practices to meet the requirements of the new SCCs.
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