Court of Justice of the European Union invalidates “Privacy Shield” and expresses reservations towards Standard Contract Clauses

We recently became aware of the Judgement of the Court of Justice of the European Union (hereinafter “CJEU”) dated July 16, 2020, in Case C-311/18 Facebook Ireland v. Schrems, which invalidated the Commission Implementing Decision (EU) 2016/1250 of July 12, 2016, on the adequacy of the protection provided by the EU-US Privacy Shield (hereinafter “Privacy Shield“).

In this report we will analyze:

• ANALYSING THE IMPACT OF THE JUDGEMENT OF THE COURT OF JUSTICE OF THE EUROPEAN UNION WHICH INVALIDATES THE PRIVACY SHIELD
• PRONOUNCEMENTS BY THE SUPERVISORY AUTHORITIES
• CONCLUSIONS AND THE WAY FORWARD FOR THE REGULARIZATION OF INTERNATIONAL DATA TRANSFERS TO THE UNITED STATES