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Industry Updates

Data Transfers - Final SCCs deadline is 27 December 2022

23 Jun 2022

Standard Contractual Clauses (“SCCs”) are one of the primary mechanisms for transferring personal data outside the EU in compliance with the General Data Protection Regulation (“GDPR”).

Many businesses have started to incorporate the new SCCs issued last year. The final deadline for phasing out the old SCCs and completing the transition to the new SCCs is 27 December 2022.

This is no small undertaking, particularly as the new SCCs impose a number of additional obligations on businesses.

If you do not have an up-to-date transfer tool or data transfer impact assessments in place, now is the time.

Minimise the risk of complaints, transfer restrictions or fines, review and update your data transfer impact assessments and SCCs.

Get in touch with the team, and we can guide you through this process.

For more information, watch our video below.

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Data, Commercial & Technology

Our global Data, Commercial & Technology team provides expert legal advice on the laws of the BVI, the Cayman Islands and Ireland to businesses across a wide range of sectors, including financial services, investment management, technology and consumer.