On April 13, 2016, the Article 29 Working Party took action which some found surprising and others predicted. It found the EU-U.S. Privacy Shield did not contain adequate protections and needs further improvement. The Working Party’s statement can be found at http://ec.europa.eu/justice/data-protection/article-29/press-material/press-release/art29_press_material/2016/press_release_shield_en.pdf.

While acknowledging the Privacy Shield contains “significant improvements” over the previous Safe Harbor,

Well, the new deal has been struck between the EU and the U.S. What was called the EU-US Safe Harbor is being replaced by the newly created EU-US Privacy Shield. Now, all we need is to have the actual text released!

So far, the only official information comes from the EU press office and Commerce