News & Analysis as of

International Data Transfers Switzerland European Union

Ropes & Gray LLP

SEC Lifts Moratorium on Registering Swiss Investment Advisers

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On June 10, 2025, the SEC issued a press release announcing that, effective immediately, it would resume processing new and pending registration applications of investment advisers with their principal office and place of...more

Latham & Watkins LLP

EU-US Data Privacy Framework Goes Live: What Are the Practical Implications?

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The new framework provides an additional route for personal data transfers from the EEA to the US. On 10 July 2023, the European Commission (EC) took the final step to enable businesses to start relying on the new EU-US...more

Arnall Golden Gregory LLP

European Commission Grants EU-U.S. Data Privacy Framework Adequacy Determination

Summary - On July 10, 2023, the European Commission issued an adequacy decision for the EU-U.S. Data Privacy Framework (“EU-U.S. DPF” or “DPF”). The decision concludes that the U.S. ensures an adequate level of protection...more

Goodwin

What Companies Need to Know About the New EU-US Data Privacy Framework for Cross-Border Data Transfers

Goodwin on

On July 10, 2023, the European Commission adopted an adequacy decision for the new EU-US Data Privacy Framework (“DPF”), the revamped transatlantic framework designed to support transfers of personal data from the EU to...more

Wiley Rein LLP

Companies May Begin Submitting EU-U.S. Data Privacy Framework Certifications

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As of July 17, 2023, the Data Privacy Framework website and certification mechanism is fully functional and organizations that are approved under the EU-U.S. Data Privacy Framework (Framework) may begin taking advantage of...more

BakerHostetler

The New EU-U.S. Data Privacy Framework in Half a Dozen FAQs

BakerHostetler on

On July 10, 1962, NASA launched Telstar 1, the first active communications satellite linking Europe and the United States through live television transmission. Sixty-one years later, on July 10, 2023, the European Commission...more

Womble Bond Dickinson

European Commission Approves EU-US Data Privacy Framework for Data Transfers - What Does This Mean for Your Organization?

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On July 10, 2023, the EU Commission approved the EU-U.S. Data Privacy Framework (“EU-US DPF”) as a valid transfer mechanism for sharing personal data from European Economic Area countries (those in the EU plus Iceland,...more

Morgan Lewis

Switzerland Publishes Adequacy List of Countries Receiving Personal Data Transfers

Morgan Lewis on

The Swiss government has drafted a proposed list of countries that are approved to receive personal data transfers out of Switzerland. Japan and South Korea are excluded from the current and proposed lists, requiring...more

Hogan Lovells

Swiss FDPIC recognizes new EU SCC

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On 27 August 2021, the Swiss Federal Data Protection and Information Commissioner (FDPIC) formally recognised the new EU Standard Contractual Clauses (SCC) for international transfers from Switzerland to third countries if...more

Alston & Bird

Swiss Data Protection Regulator Is Latest to Outline Framework for Transferring Data to the SEC

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Entities registered with the U.S. Securities & Exchange Commission (SEC) must maintain certain books and records and can be subject to the SEC’s examination, inspection, and enforcement authority. Responding to SEC requests...more

Herbert Smith Freehills Kramer

European Court of Justice Invalidates EU-US Privacy Shield Framework

This past July, a decision by the European Court of Justice (ECJ) struck down the European Union-United States Privacy Shield framework (EU-U.S. Privacy Shield), one mechanism through which companies could transfer personal...more

Fox Rothschild LLP

Commerce Department Addresses Schrems II Decision’s Impact On Swiss-US Privacy Shield

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The U.S. Department of Commerce (DoC)has updated its Frequently Asked Questions piece on the Swiss-U.S. Privacy Shield to address questions raised by the the Schrems II decision regarding the EU-U.S. Privacy Shield...more

Jones Day

Global Privacy & Cybersecurity Update Vol. 13

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On December 28, 2016, the New York Department of Financial Services ("DFS") released a revised version of a proposed regulation that would require banks, insurance companies, and other financial services institutions...more

King & Spalding

United States And Switzerland Reach Data Transfer Agreement

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On January 11, 2017, the governments of the United States and Switzerland announced that an agreement had been reached over a Privacy Shield Framework (“Privacy Shield”) that sets out how companies may transfer personal data...more

Alston & Bird

Swiss-U.S. Privacy Shield Finalized

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On January 11, U.S. and Swiss authorities announced final agreement on the Swiss-U.S. Privacy Shield Framework. The Framework defines standards for handling personal data exported from Switzerland to the U.S. and enables U.S....more

Mintz - Privacy & Cybersecurity Viewpoints

More Dominos Fall on the Data Protection Table

As all of our readers know by now, as of October 6, the US-EU Safe Harbor Framework is no more. Safe Harbor was the mechanism on which thousands of US companies (and thousands of companies based in the European Union)...more

Orrick, Herrington & Sutcliffe LLP

EU/Swiss-U.S. Safe Harbor: More Scrutiny by the FTC?

On May 29, 2015, the Federal Trade Commission ("FTC") announced the approval of the final orders for two U.S. companies, TES Franchising, LLC ("TES") and American International Mailing, Inc. ("AIM"), settling complaints that...more

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