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To print this article, all you need is to be registered or login on Mondaq.com. 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 ....
With the end of the Brexit transition period rapidly approaching and the United Kingdom (UK) poised to become a “third country” after it leaves the European Union (EU), the UK and the EU have yet to reach any “deal” on how the transfer of personal data should be dealt with starting January 1, 2021. With the negotiations deep into their final phase, the advice from regulators, including the UK’s Information Commissioner’s Office (ICO), is that organisations should be taking steps to prepare for the UK becoming a third country (for the EU data protection regime) after Brexit. ....