41 Transatlantic Business Coalition Calls on EU Policymakers to Finalize Agreement to Secure Transatlantic Data Flows

BRUSSELS — Today, FEDMA, along with 40 other associations representing companies of all sizes from various sectors of the business community called on EU policymakers to make a swift conclusion to the EU adequacy decision process so that businesses can confidently rely on the new EU-U.S. Data Privacy Framework. In a statement delivered to EU and US officials, the associations offered an analysis of the recent U.S. Executive Order and accompanying U.S. Department of Justice regulations implementing the U.S.’s commitments under the EU-U.S. Data Privacy Framework to help inform and support the EU’s work towards making the EU-U.S. Data Privacy Framework operational through the EU adequacy decision process.

“We urge all stakeholders to consider deliberately but fairly the substance of these new U.S. legal requirements, which establish unprecedented restrictions on U.S. surveillance activities as well as a meaningful redress mechanism for EU citizens,” the associations wrote. “We are heartened that these new safeguards serve to strengthen all existing transfer mechanisms available to companies, including standard contractual clauses, and should be relevant considerations in the context of EU supervisory authority investigations. Furthermore, we recognize that this is not only a matter of facilitating economic stability and growth. The efforts to reach agreement on a new framework embody a statement of common purpose from the EU and U.S., and a willingness to work together to find new ways to uphold the joint values we share as democratic societies. These developments also send a strong message on the importance of privacy globally, and in establishing robust and secure frameworks for cross-border data transfers.”

Recipients of the statement included European Commission President Ursula von der Leyen; Executive Vice-President Margrethe Vestager; Commissioner Didier Reynders; Commissioner Vera Jourova; Members of the European parliament LIBE Committee, the European Data Protection Board, the European Data Protection Supervisor, and individual Data Protect Authorities; officials from EU Member States; and U.S. Administration officials, including those at the U.S. Departments of Commerce and Justice.

The statement was signed by ACT | The App Association, Alliance Française des Industries du Numérique (AFNUM), Alliance for Automotive Innovation, Allied for Startups, AmCham EU, AmCham Ireland, American Council of Life Insurers, Asia Internet Coalition (AIC), Biotechnology Innovation Organization (BIO), Bitkom, Business Roundtable, Coalition of Services Industries (CSI), Computer & Communications Industry Association (CCIA), Confederation of Danish Industry (DI), Confederation of Industry of the Czech Republic (SPCR), Consumer Technology Association® (CTA), Danish Entrepreneurs, Dansk Erhverv / The Danish Chamber of Commerce, Developers Alliance, Digital Future for Europe, Digital Poland ZIPSEE, Ecommerce Europe, Engine, Entertainment Software Association, European Games Developer Federation (EGDF), European Publishers Council, FEDMA, IAB, INFOBALT, ITI – Information Technology Industry Council, Interactive Software Federation of Europe (ISFE), Internet Infrastructure Coalition, National Retail Federation, NLdigital, Software & Information Industry Association (SIIA), Swedish Enterprise (SN), TechNet, techUK, Trans-Atlantic Business Council, U.S. Chamber of Commerce, and U.S. Council of International Business (USCIB).

Read the full statement here.