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On Thursday, Court of Justice of the European Union Advocate General Henrik Saugmandsgaard Øe released his opinion in the so-called "Schrems II" case, reaffirming the sufficiency of standard contractual clauses, but calling into question U.S. protections for personal data in the national security co...What are the risks of non-compliance with Schrems II?
Failure to take action to remedy Schrems II non-compliance over the 6+ months since the CJEU ruling can expose Boards of Directors / Executives to personal and criminal exposure. “Wait and see” strategies increase the risk for potential claims of breach of fiduciary duties.What is required after the Schrems II decision?
The precise contours of what is required after the “Schrems II” decision is not sharply defined, but the decision indicates that there are actions that are generally advisable for the exporter to undertake in order to rely on the C2P SCCs in each case. In particular, data exporters implementing C2P SCCs should, on a case-by-case basis:What does 'Schrems II' mean for companies that rely on derogations?
Part 6: What ‘Schrems II’ means for companies that rely on derogations Starting with a good note: The "Schrems II" judgment does not lead to significant negative implications for companies that rely on the derogations the EU General Data Protection Regulation provides for international data transfers through Article 49.