Data, Global Markets, Privacy

Progress in Building Trust in Trans-Atlantic Data Flows

Last night, the US House passed the Senate-amended version of the Judicial Redress Act, now headed to President Obama for signature. Progress on this front matters. This needed legislation will form a critical part of a stable and trustworthy structure for free flow of data across borders – so essential for economic growth in our digital economy.

Following last week’s agreement between the United States and European Union on the Privacy Shield, a successor to the Safe Harbor Framework as a mechanism for protecting the flow of personal information in the commercial context, enactment of the Judicial Redress Act will further harmonize US and European privacy protections as well.

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