There will be "no quick fix" on a revised data transfer deal between the EU and the US following a July ruling by EU judges to strike down the Privacy Shield agreement, the EU's Justice Commissioner Didier Reynders has told MEPs.
The EU-US Privacy Shield agreement that attempts to guarantee the secure transmission of EU data to the United States, has been declared invalid by the European Court of Justice, in a ruling that will provoke major disruption to transatlantic data flows.
The European Commission is preparing for the eventuality that the European Court of Justice (ECJ) may invalidate the EU-US data transfer agreement, known as the Privacy Shield, Justice Commissioner Didier Reynders has said.
The European Commission has said that it 'cannot predict' whether the UK will be fit for a data transfer adequacy agreement with the EU as part of ongoing negotiations on a future trade deal between the two parties.
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