International Data Transfers Remain Under EU and UK Regulatory Scrutiny
Organisations that make international transfers of personal data have undergone significant challenges and changes over the last few years. With the invalidation of the Privacy Shield agreement in 2020 and the introduction of the “New Standard Contractual Clauses” in 2021, businesses have had to adjust their data protection measures and transfer mechanisms and must continue to keep abreast of fast-changing regulations. Failure to comply with up-to-date data protection laws and data transfer rules can lead to commercial and reputational damage as well as regulatory sanctions with corrective measures, including orders to cease transfers of personal data and significant financial penalties.
