In the Headlines
December 27, 2018

2019 Outlook: EU to Extend Privacy Stance with Bilateral Pacts

Bloomberg Law

Global Cybersecurity and Privacy Policy & Regulation Team Chair Norma Krayem spoke with Bloomberg Law about the European Union (EU) General Data Protection Regulation (GDPR) and how its growing influence over privacy standards will affect the world in 2019. 

"We should expect the EU to ramp up its efforts around the world on data protection in 2019 and to advocate that more countries adopt GDPR or GDPR-like laws," said Ms. Krayem.

The European Commission will only grant a Non-EU country access to its data if the country has equivalent data protection standards in place similar to the GDPR. The EU already recognizes data protections in Andorra, Argentina, Canada, Faroe Islands, Guernsey, Israel, Isle of Man, Jersey, New Zealand, Switzerland and Uruguay as adequate.

The EU is currently finalizing an adequacy agreement with Japan, which has the largest economy to date to get one. Countries like South Korea, Brazil, Chile and India are also looking to secure adequacy findings with the EU.

READ: 2019 Outlook: EU to Extend Privacy Stance with Bilateral Pacts (Subscription Required)

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