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.”
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]