It has become common knowledge that the General Data Protection Regulation (2016/679) (GDPR) heavily restricts transfers of personal data outside of the European Union (EU). In the absence of an adequacy decision by the European Commission, the GDPR allows controllers and processors to transfer personal data to a third country outside of the EU only […]
EU’s Highest Court Issues Major AI Decision With Wide-Reaching Impact
On 7 December 2023, the Court of Justice of the European Union (CJEU) issued an important decision on how the GDPR governs AI-assisted decisions. The case arose in the financial services context, with the court holding that the GDPR’s AI rules apply when banks use credit scores to make consumer credit decisions. But, the decision […]
Companies Prepare for Change as EU Legislators Agree on EU Artificial Intelligence Act
On December 8, 2023, following marathon negotiations, European Union (‘EU’) legislators reached a political agreement on the much-anticipated EU Artificial Intelligence Act (‘AI Act’). The AI Act is billed as the first comprehensive legal framework on AI systems worldwide, and will impose obligations on both private and public sector actors which develop, import, distribute, or […]
UK Government Makes a Bridge to The EU-U.S. Data Privacy Framework
On 21 September 2023, the UK Government adopted the Data Protection (Adequacy) Regulations 2023, also referred to as the “UK-U.S. Data Bridge”. The UK-U.S. Data Bridge will allow companies to legitimately transfer personal data from the UK to the U.S. on the basis of the recently enacted EU-U.S. Data Privacy Framework (“DPF”). The UK Government […]
Why the New EU-U.S. Data Privacy Framework May Be Good News for Life Sciences Companies in the U.S.
BACKGROUND U.S.-based life sciences companies can be subject to the European Union (‘EU’) General Data Protection Regulation (‘GDPR’), even if they do not have any subsidiary, affiliate or other physical presence in the EU. This can be the case if, for example, a pharmaceutical or medical device company in the U.S. acts as a sponsor […]