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Chapter V of the GDPR forbids the transfer of the personal data of EU data subjects to countries outside of the EEA — known as third countries — unless appropriate safeguards are imposed, or the third country's data protection regulations are formally considered adequate by the European Commission (Article 45).
Third countries is the term used in legislation to designate countries outside the European Union. Personal data may only be transferred to a third country if that country provides an adequate level of protection of the data.
According to the Data Protection Directive, companies operating in the European Union are not permitted to send personal data to "third countries" outside the European Economic Area, unless they guarantee adequate levels of protection, "the data subject himself agrees to the transfer" or "if Binding Corporate Rules or Standard Contractual ...
In the wake of GDPR, data protection laws around the world have begun to shift. Companies that don't comply with non-European Union data laws could face fines and a loss of trust in other nations.
Over 80 countries and independent territories, including nearly every country in Europe and many in Latin America and the Caribbean, Asia, and Africa, have now adopted comprehensive data protection laws. [1] The European Union has the General Data Protection Regulation (GDPR), [2] in force since May 25, 2018.
The European Data Protection Board (EDPB) is a European Union independent body with juridical personality whose purpose is to ensure consistent application of the General Data Protection Regulation (GDPR) [1] and to promote cooperation among the EU’s data protection authorities.
[4] [8] Jersey is considered outside of the European Economic Area, and its 1987 Data Protection law was not adequate, so the restrictions could have harmed Jersey's financial services industry. [4] (Jersey is a major international offshore financial centre [9] and tax haven [10]) In 2008, Jersey achieved 'adequacy status' under the EU rules ...
The EU's General Data Protection Regulation contains extensive regulation of data flow and storage, including restrictions on exporting personal data outside of the EU. To counter the protectionist impulses of the EU and other countries, a number of regional free trade agreements prohibit data localization requirements and restrictions on cross ...
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