Trans-Atlantic Data Transfer Mechanism (EU- US Data Privacy Framework)
European entities can now transfer personal data to U.S. companies without the need for additional data protection measures. This marks the third attempt to legitimise trans-Atlantic data transfers, with the previous attempts (Safe Harbor and Privacy Shield) invalidated by the European Court of Justice (ECJ).
Forvis Mazars in India brings along its global knowledge and point of view on the evolving regulatory landscape and has developed its comprehensive privacy framework to tailor solutions for your individual needs. At Forvis Mazars in India, we emphasise on holistic regulatory compliances and provide customised advisory services. The POV highlights the key points to be considered while undertaking data transfers. It also provides some key updates on the framework that has been prescribed under cross border data transfers.