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The long awaited modernised sets of transfer standard
contractual clauses ( New Transfer SCCs ) and
controller-processor Article 28 standard contractual clauses
( Processor SCCs ) were adopted by the European
Commission ( Commission ) on 4 June 2021
1.
This update outlines the key elements of the New Transfer SCCs.
Much like the New Transfer SCCs, the Processor SCCs are likely to
represent the market standard for compliance in the coming years.
As such, they merit a separate update.
New Transfer SCCs
The existing transfer SCCs date from 2001 and
2010
2 ( Existing SCCs ). They required