Transcription of Binding Corporate Rules - Allen & Overy
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Binding Corporate Rules - Allen & Overy
Binding Corporate Rules March 2016. 2 Binding Corporate Rules | March 2016. Allen & Overy LLP 2016. 3. Contents What are BCRs? a quick reminder 05. The current process for obtaining BCRs for controllers 06. BCRs for processors 07. How do BCRs compare with using Model Clauses? 07. What are the advantages of BCRs? 08. What are the disadvantages? 09. Top tips for those deciding whether to 10. go through the process How will the GDPR and recent CJEU decision on Safe Harbor change things? 12. Should we wait and see? 13. 4 Binding Corporate Rules | March 2016. Binding Corporate Rules (BCRs) are one of the key elements of the new EU General Data Protection Regulation (GDPR). The emphasis on BCRs highlights their growing importance.
The process for obtaining BCRs for controllers looks, at first glance, fairly simple. The Working Party has published a number of documents to assist, including checklists,
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