EU Regulators Take Tough Data-Transfer Approach After Ruling
- EU court blocked key data accord amid U.S. surveillance fears
- Ruling raises questions about safety of other transfer tools
Photographer: Andrey Rudakov/Bloomberg
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European Union regulators are adopting a much tougher approach to trans-Atlantic data transfers to meet the demands of a landmark ruling last week that warned about potential American surveillance.
Companies won’t have a grace period to comply with the decision by the EU’s top court that undercuts the current system, according to a six-page document prepared by regulators. In addition, firms must make assessments on how U.S. laws might curb privacy protections for European residents.