The European Parliamentary Research Service (EPRS) has published a report themed: “From Safe Harbour to Privacy Shield: Advances and Shortcomings of the New EU-US Data Transfer Rules”.
The in-depth analysis in the report is focused on the new framework for transatlantic exchange of personal data, known as the Privacy Shield (PS), which was negotiated in 2016 between the EC and the USA. The new rules replaced the EU-USA Safe Harbour Regime and introduced considerable improvements. However, some concerns remain and pose risk of not overcoming the situation of legal uncertainty.
Therefore this analysis discusses the main improvements of the Privacy Shield (over its predecessor), as well as the critical reactions to the new arrangements, taking into account, however, that an annual review is expected to take place by summer 2017. The annual review will also take into consideration the coming into effect of the EU General Data Protection Regulation in 2018.
The full text of the in-depth analysis report is available here.
Credits: European Union, 2017
You might also be interested in the Guide for Citizens to the EU-U.S. Privacy Shield published by the European Commission which LIBRe reported in August 2016.