Charfoos and Fonté Co-Author World Data Protection Report Article on EU-U.S. Privacy Agreement Alternatives
Erin Fonté, Austin-based member in Dykema’s Corporate Finance Practice Group and leader of the firm’s Financial Services Regulatory and Compliance Group, and Aaron Charfoos, Chicago-based member of Dykema’s Intellectual Property Practice Group, wrote an article, “EU-U.S. Privacy Shield – Recent Challenges: Impact on the U.S. and What Businesses Need to Know,” which appeared in Bloomberg/BNA’s World Data Protection Report.
In their article, Charfoos and Fonté explain the European Union’s privacy standards for personal data transfers in commercial agreements. They describe the various options available to U.S. companies, make recommendations based on the size of the enterprise and the nature of the business and explain the terms of the Privacy Shield agreement, which is scheduled to become effective in 2018.
You may read the entire article here.