Update on Transfers Under the Swiss-U.S. Data Privacy Framework
Overview of the Swiss-U.S. Data Privacy Framework
The Swiss Federal Council has announced an important update regarding data transfers between Switzerland and the United States. The U.S. has been added to the list of countries recognized for having an adequate level of data protection, which will significantly enhance data flow.
Effective Date and Certification Process
- Effective Date: The new provisions will take effect on September 15, 2024.
- Certification: U.S. organizations must certify their compliance with the Swiss-U.S. Data Privacy Framework.
Implications for Businesses
This update lays the groundwork for easier data transfers, fostering collaboration between businesses across both nations, and ensuring that data protection standards are maintained.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.