Chamber Official Urges Quick Action On Privacy Shield

By Shayna Posses (June 24, 2016, 7:55 PM EDT) -- A U.S. Chamber of Commerce official on Friday asked the European Union's member states to quickly sign off on the updated version of the so-called Privacy Shield, saying that the new framework for trans-Atlantic data transfer is critical for companies on both sides of the pond.

Chamber Executive Vice President and Head of International Affairs Myron Brilliant urged the states to move swiftly to approve the new version of the framework intended to replace the long-standing safe harbor data transfer agreement invalidated by the European Court of Justice last year, applauding the U.S. Department of Commerce and the European Commission for...

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