A recent opinion by a learned group within the EU Commission, the Article 29 Working Party, has provided for Binding Corporate Rules for data processors, a method to transfer data legally out of Europe which may provide a significant advantage for those companies which adopt these new Binding Corporate Rules. One of the single most complex issues facing multinational companies today is how to manage the personal data of their customers in an effective manner while maintaining compliance with applicable law. The real challenge comes from the fact that personal data is an intangible, and it can cross the globe with the click of a button.
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