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SIC Launches Public Consultation On Draft Regulation For Cross-Border Data Transfers

Author:Mr Daniel McLoon, Mauricio F. Paez, Richard J. Johnson, Jonathon Little, Kevin D. Lyles, Todd S. McClelland, Jeff Rabkin, Lisa M. Ropple, Adam Salter, Michiru Takahashi, Undine von Diemar, Paloma Bru, Olivier Haas, Jörg Hladjk and Anand Varadarajan
Profession:Jones Day
 
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On July 18, SIC launched a consultation on a draft regulation (source document in Spanish) regarding cross-border data transfers. The draft regulation establishes the criteria SIC would use to determine if a third country provides an adequate level of data protection. The data regulation also provides an updated list of countries granted adequacy status for purposes of cross-border transfers. The criteria discussed include the existence of rules for lawful data processing, the recognition...

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