For Immediate Release:
SIIA Communications Contact: Diane Pinto, 202.789.4480, email@example.com
PR Contact: Farrah Kim, Rational 360, 202.568.8986, firstname.lastname@example.org
SIIA VOICES CONCERN ABOUT EFFECTS OF THE EUROPEAN COURT OF JUSTICE SAFE HARBOR DECISION ON DATA FLOWS AND DIGITAL TRADE
Washington, D.C. (October 6, 2015) – The Software & Information Industry Association (SIIA), the principal association representing the software and digital content industries, calls for guidance from the European Commission and rapid agreement on a modernized Safe Harbor Framework.
On October 6, 2015, the European Court of Justice (ECJ) issued a ruling which calls into question the validity of the U.S.-EU Safe Harbor Framework.
SIIA Senior Vice President of Public Policy Mark MacCarthy issued the following statement:
“This ruling is a serious concern for the approximately 4,400 companies that rely on the Safe Harbor Framework to transfer data from the European Union to the United States.
“Without the safe harbor framework, these companies will not have the legal certainty they need to continue their transatlantic information exchanges. To avoid interruptions of international business operations, we urge the European Commission to issue guidance to assure companies how they can continue to transfer data across the Atlantic until such time as a new safe harbor is put into place.
“The loss of the safe harbor would impose immediate and tangible economic harm on consumers and companies on both sides of the Atlantic. The Brookings Institution, the European Centre for International Political Economy (ECIPE), and the International Trade Commission (ITC) have all documented the economic importance of the Transatlantic digital trade that would be at risk without the safe harbor.
“SIIA calls on negotiators from both sides of the Atlantic to put in place a modernized Safe Harbor Framework as soon as possible. Rapid agreement is needed to provide legal reassurances that personal data can be appropriately transferred from the European Union to the United States.”
SIIA is the leading association representing the software and digital content industries. SIIA represents approximately 800 member companies worldwide that develop software and digital information content. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to the leading companies that are setting the pace for the digital age. For more information, visit www.siia.net