MLex: EU businesses relying on standard contractual clauses (SCCs) to transfer personal data to countries outside the European Economic Area will see those clauses overhauled by the end of this year, EU Justice Commissioner Didier Reynders has said. The European Commission aims to finalise the update soon (taking into account a recent ruling from the EU’s Court of Justice that declared the Privacy Shield data transfer mechanism invalid) to give companies legal certainty.
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