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Perspective

Jul. 8, 2016

Some aren't convinced EU's data transfer regime is safe

The transatlantic business community is still coming to terms with the complete upheaval and replacement of the EU's data laws, which include substantial new fines and extra-jurisdictional reach to directly affect even solely U.S.-based companies. By Rafi Azim-Khan

By Rafi Azim-Khan

While Brexit has grabbed recent headlines, the transatlantic business community is still coming to terms with an equally seismic change in the form of the complete upheaval and replacement of the European Union's data laws, which include substantial new fines and extra-jurisdictional reach to directly affect even solely U.S.-based companies.

The new laws were in large part the EU's response to a perception that businesses (...

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