On December 8, 2023, following marathon negotiations, European Union (‘EU’) legislators reached a political agreement on the much-anticipated EU Artificial Intelligence Act (‘AI Act’). The AI Act is billed as the first comprehensive legal framework on AI systems worldwide, and will impose obligations on both private and public sector actors which develop, import, distribute, or […]
UK Government Makes a Bridge to The EU-U.S. Data Privacy Framework
On 21 September 2023, the UK Government adopted the Data Protection (Adequacy) Regulations 2023, also referred to as the “UK-U.S. Data Bridge”. The UK-U.S. Data Bridge will allow companies to legitimately transfer personal data from the UK to the U.S. on the basis of the recently enacted EU-U.S. Data Privacy Framework (“DPF”). The UK Government […]
Why the New EU-U.S. Data Privacy Framework May Be Good News for Life Sciences Companies in the U.S.
BACKGROUND U.S.-based life sciences companies can be subject to the European Union (‘EU’) General Data Protection Regulation (‘GDPR’), even if they do not have any subsidiary, affiliate or other physical presence in the EU. This can be the case if, for example, a pharmaceutical or medical device company in the U.S. acts as a sponsor […]
International Data Transfers: European Commission Gives Green Light to EU-U.S. Data Privacy Framework
What Happened? On July 10, 2023, the European Commission (‘EC’) adopted its long-awaited adequacy decision approving the EU-U.S. Data Privacy Framework (‘DPF’). By doing so, the EC is confirming that personal data transferred to the U.S. under the DPF is adequately protected in line with the EU GDPR’s international data transfer rules. Transfers of personal […]
Council of Europe Launches Model Contractual Clauses for Transfers of Personal Data
On June 16, 2023, the Council of Europe’s Committee of Convention 108+ (i.e., the Convention for the Protection of Individuals with regard to Automatic Processing of Personal Data) adopted Model Contractual Clauses for cross-border data flows (“MCCs”). The MCCs are intended to cover the transfers of personal data to countries that are not parties to […]