Companies transferring data from Switzerland to the US should take note: the Swiss-US Privacy Shield has arrived!
Why Should You Care?
Global companies that transfer personal information—specifically, the transfer of Swiss individuals’ personal information, from Switzerland to the US—must have a legal mechanism in place for doing so. The Privacy Shield provides an enforceable mechanism that the EU and Swiss governments have deemed adequate. The Swiss-US Privacy Shield complements the EU-US Privacy Shield, which applies only to European Economic Area (EEA) member countries.