41 The Transatlantic Business Coalition calls on EU policy makers to finalize an agreement to secure transatlantic data flows

NEW YORK, November 16, 2022 /PRNewswire/ — Yesterday, a broad transatlantic coalition of 41 associations – representing companies of all sizes from various business sectors – called on EU policymakers to quickly conclude the process of adequacy decision. EU so businesses can rely on the new EU-US data privacy framework with confidence. In a statement to EU and US officials, the associations offered an analysis of the recent US Executive Order and accompanying US Department of Justice regulations implementing US commitments in the EU-US Data Privacy Framework Framework to help inform and support the EU’s work to operationalize the EU-US Data Privacy Framework through the EU’s adequacy decision process. EU.

“We urge all stakeholders to deliberately but fairly consider the substance of these new US legal requirements, which establish unprecedented restrictions on US surveillance activities as well as a meaningful redress mechanism for EU citizens,” wrote the associations. “We are encouraged that these new safeguards serve to reinforce all existing transfer mechanisms available to companies, including standard contractual clauses, and should be relevant considerations in the context of investigations by the supervisory authorities of the Furthermore, we recognize that this is not just a matter of Efforts to reach agreement on a new framework embody a statement of common purpose by the EU and the United States, and a willingness to work together to find new ways to uphold the common values ​​we share as democratic societies also send a strong message about the importance of privacy on a global scale and the establishment of frameworks strong and secure for cross-border data transfers.”

Recipients of the statement included the President of the European Commission Ursula von der Leyen; Executive Vice President Margrethe Vestager; Commissioner Didier Reynders; Commissioner Vera Jourova; Members of the LIBE Committee of the European Parliament, the European Data Protection Board, the European Data Protection Supervisor and individual data protection authorities; EU Member State officials; and U.S. government officials, including those in the U.S. Departments of Commerce and Justice.

The statement was signed by ACT | The App Association, Alliance Française des Industries du Numérique (AFNUM), Alliance for Automotive Innovation, Allied for Startups, AmCham EU, AmCham Ireland, American Council of Life Insurers, Asia Internet Coalition (AIC), Biotechnology Innovation Organization (BIO), Bitkom , Business Roundtable, Coalition of Services Industries (CSI), Computer & Communications Industry Association (CCIA), Confederation of Danish Industry (DI), Confederation of Czech Republic (SPCR), Consumer Technology Association® (CTA), Danish Entrepreneurs, Dansk Erhverv / Danish Chamber of Commerce, Developers Alliance, Digital Future for EuropeDigital Poland ZIPSEE, Ecommerce Europe, Engine, Entertainment Software Association, European Games Developer Federation (EGDF), European Publishers Council, FEDMA, IAB, INFOBALT, ITI – Information Technology Industry Council, Interactive Software Federation of Europe (ISFE), Internet Infrastructure Coalition, National Retail Federation, NLdigital, Software & Information Industry Association (SIIA), Swedish Enterprise (SN), TechNet, techUK, Trans-Atlantic Business Council, US Chamber of Commerce, and American Council for International Business (USCIB).

Read the full statement here.

SOURCE United States Council for International Trade