Press Release
The Decision of the European Commission on the EU-US Privacy Shield was published in the Official Journal of the European Union
“1st of August 2016 – The Decision of the European Commission on the EU-US Privacy Shield was published in the Official Journal of the European Union”
On the 1st of August 2016 Commission Implementing Decision (EU) 2016/1250 of the European Commission of the 12th of July 2016 pursuant to Directive 95/46/EC of the European Parliament and of the Council on the adequacy of the protection provided by the EU-U.S. Privacy Shield was published in the Official Journal of the European Union.
According to this decision, the U.S. guarantees an adequate level of protection for personal data transferred from the European Union to organisations established in the U.S. based on the E.U.-U.S. Privacy Shield provided that those entities process personal data according to a strong set of privacy and data protection principles and safeguards that are equivalent to those in the European Union.
The text of the European Commission Decision can be consulted here.