A pact underpinning billions of dollars of transatlantic data transfers will undergo its first annual review on Monday, with Europe seeking to ensure Washington has lived up to its promises to protect the data of European citizens stored on US servers.
Feted as a milestone in transatlantic relations, which had soured after revelations of mass U.S. surveillance four years ago, the EU-U.S. Privacy Shield data pact has been in place for just over a year.
The first annual review taking place on Monday and Tuesday will be an opportunity for the European Commission, which negotiated the Privacy Shield, to ensure it is functioning well and that the USA administration is keeping its part of the deal. Over 2,400 companies have signed up to the scheme including Google, Facebook and Microsoft but it has already prompted two legal challenges in European courts on grounds of providing insufficient privacy protections.
Jourova is scheduled to meet with U.S. commerce secretary Wilbur Ross in Washington, DC, before travelling to Silicon Valley to meet with IT companies such as Google and Facebook who are using Privacy Shield.
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One of the EU's current issues with the deal, however, is the new U.S. presidential administration's failure to appoint an ombudsman, something European Union justice commissioner Vera Jourova said she would address in a trip to the United States on Monday and Tuesday. -European Union Privacy Shield framework - which underpins the flow of personal data across the Atlantic for thousands of USA companies - the White House is touting its commitment to the agreement.
The Privacy Shield allows firms to move data across the Atlantic without relying on such contracts, known as model clauses, which are more cumbersome and expensive. "QuisLex's Privacy Shield certification, combined with our Six Sigma-based quality processes and ISO-certified data security, provides the foundation for successful and secure cross-border engagements".
The Commission will produce a report with its conclusions on the review of the Privacy Shield in October.
During the review, the EC will be looking to find out figures for how many requests for people's data companies have so far received from USA authorities.
Energy stocks also rose broadly, with Oil Search and Santos closing up almost 2% each on data showing a falling USA rig count. The BOE's Monetary Policy Committee last week unexpectedly flagged it might raise interest rates in coming months.
What does it mean for the North Carolina beaches? Sustained winds were in excess of 250 kilometres per hour (km/h). By Sunday afternoon, Maria already had maximum sustained winds up to 65 miles per hour .
Shares of T-Mobile are up almost 12%, while Sprint shares are down about 2% and the S&P 500 index are up close to 12%. Talks between Sprint and other companies about a merger have been intermittent for years , with no success.
Singapore GP announced yesterday that overall attendance at the 2017 edition was 260,400, a 19 per cent year-on-year increase. Iswaran, Minister for Trade and Industry, Singapore Government; Chase Carey, Chairman, Formula One, and Ong Beng Seng .
Seashore chairman and managing director (CMD) Prashant Dash had paid Rs 25 lakh for the land in cheques in April 2012. The agency had questioned the MLA from Cuttack-Choudwar on Monday night in connection with the case.
Schumer and Pelosi said they reached a deal with the White House that did not include funding for Trump's promised border wall. But representatives from the White House said the decision is based entirely on following the rule of law.
Jeremy Corbyn gives Piers Morgan the cold shoulder
Recounting the evening's events, Morgan wrote, "Later, fellow Arsenal fan Jeremy Corbyn came over to speak to him". In response, here's what Corbyn wrote (via Google Translate at least!) "It was nice meeting you".