Who: EU-US Privacy Shield
When: 2 February 2016
Why: For transfer of data across the Atlantic
The European Commission (EC) and the USA on 2 February 2016 agreed on a new framework for transatlantic data flows.
The framework that will be known as the EU-US Privacy Shield will enable the government agencies to transfer data relied on by Facebook and Google across the Atlantic.
And, the agreement will replace the 16-year old Safe Harbour arrangement that was ruled illegal by the European Court of Justice in October 2015.
The court scrapped the agreement in the wake of the Edward Snowden revelations on US intelligence.
Compared to the Safe Harbour, the Privacy Shield arrangement seeks to provide stronger obligations on companies in the USA to protect the personal data of Europeans and stronger monitoring and enforcement by the US agencies.