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Low impactProposed regulationAnnounced

EU and US announce 'agreement in principle' for new data sharing system (Privacy Shield 2.0)

Commission President Ursula von der Leyen and President Biden announced an "agreement in principle" for a new EU‑US data sharing framework. No legal text exists yet; the announcement is purely political and will require months to draft and obtain an adequacy decision. Companies cannot rely on the deal until it is formally passed and may face legal challenges.

Why it matters: The announcement creates further uncertainty for transatlantic data transfers under EU law.

Summary generated from the sources below. Check the primary source before relying on it; this is not legal advice.

Sources
"Privacy Shield 2.0"? - First Reaction by Max Schrems
noyb · primary source · Mar 25, 2022
"Privacy Shield 2.0"? - First Reaction by Max Schrems
noyb · Mar 25, 2022
Details
JurisdictionEuropean Union
RegulatorEuropean Commission
LegislatureEuropean Commission
LawGeneral Data Protection Regulation
StatusAnnounced
PublishedMarch 25, 2022
Effectivenot stated
OrganisationsEuropean Commission, White House, United States Government
Topicscross border transfer, privacy
Datapersonal