After a year of collaboration on the effort, the U.S. Federal Trade Commission (FTC), together with data protection authorities from around the world, held a press conference at the IAPP Global Privacy Summit Thursday to announce a joint agreement between G29 and APEC countries aiming to aid companies in achieving compliance with global data transfers. Speaking for the group, Isabelle Falque-Pierrotin, chairwoman of the French Data Protection Authority (CNIL) and president of the Article 29 Working Party, said the tool, called a “referential,” is a “very political and symbolic act” for companies seeking to obtain double certification under Europe’s binding corporate rules (BCRs) and APEC’s cross-border privacy rules (CBPRs).
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