Guernsey has been assessed by the European Commission as one of
only 11 countries or territories worldwide that have achieved
'EU data adequacy status', such that data transfers from
the EU to these countries or territories can take place without
additional requirements.
The finding, announced on 15 January after the EU's first
review of the functioning of the adequacy decisions adopted under
the Data Protection Directive, means that EU Member States and
institutions view the Bailiwick of Guernsey's legislative
framework as ensuring an adequate level of protection –
comparable to that of EU Member States – for the safe flow of
data between the EU and Guernsey.
"This is a great achievement for the Bailiwick," said
Stephen Hare, Managing Director of Sovereign Trust (Channel
Islands) Ltd. "It reinforces our position as adhering to
international standards in respect of data and, by reassuring
businesses and clients operating across multiple jurisdictions, it
will
