New mandatory model contract for transfer of personal data to countries outside the European Economic Area (EEA)

June 14, 2021 - The European Commission (EC) has approved a new model contract that companies can use for transfers of personal data from the European Economic Area (EEA) to countries outside the EEA with a non-adequate level of privacy protection. This is important news for companies that already use such a model contract. These companies should ensure that within 18 months their current contracts are brought into line with this new model contract.

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