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New Recommendations Regarding Data Transfers Outside the EU
Dear Clients,

Following a recent ruling by the Court of Justice of the European Union on personal data transfer from the European Economic Area ("EEA") to organizations outside the EEA (primarily to the United States), a new draft of the Standard Contractual Clauses was published.

We suggest revisiting your company's data-flow in light of these changes, including intercompany transfers between affiliated companies.
 
Please note this is the first of two Client Updates on the subject. The second one will be sent in the next few weeks.

For the full Client Update, click here.

We will be happy to assist you with any question and / or clarification.
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The content in this Memo is provided for informational purposes only, and does not serve to replace professional legal advice required on a case by case basis. The firm does not undertake to update the information in this Memo, or its recipients, about any normative, legal, or other changes that may impact the subject matter of this Memo.
 
Should you have any questions or need additional information regarding this matter, please feel free to contact Adv. Ronen Hausirer, Partner, International Corporate and Securities Department: ronen.hausirer@goldfarb.com, or at: +972-3-608-9834; or Adv. Gal Sion, Senior Counsel, International Corporate and Securities Department: Gal.Sion@goldfarb.com, or at: +972-3-608-9849.