UPDATE: The Article 29 Working Party has released surprisingly
brief comments on Privacy Shield, available here. Consistent with the press briefing held
earlier today (see below), WP29 has concluded that Privacy Shield
falls short without providing specific guidance as to what,
exactly, an acceptable version of Privacy Shield would look
like.
Earlier today, the Article 29 Working Party ("WP29")
held a press conference to give a preview of its assessment of the
proposed EU-US Privacy Shield arrangements that were slated to
replace the struck-down Safe Harbor program and bring much-needed
certainty to companies that transfer personal data from the EU to
the US.
While full comments will be available later today, we know now
that WP29 has declined to give Privacy Shield its support. It
appears that WP29 has serious concerns about the limitations of US
national security agencies to conduct mass surveillance. WP29 is
also skeptical about the rights of redress for EU
