At long last, the new standard contractual clause (SCCs) are here!

Since the adoption of the General Data Protection Regulation (GDPR), U.S. companies have invested a great deal of time and money in their compliance efforts; yet for many, their work is far from complete. For U.S. data importers, the July 2020 invalidation of the EU-U.S. Privacy Shield has left former “self-certified Shield” companies forced to find a new mechanism by which to lawfully transfer EU data into the U.S. Many of these companies will likely adopt the new set of standard contractual clauses (SCCs), once they are finalized by the European Commission.