x
CONSULTATION RESPONSE
x
EDPB consultation on supplementary measures: EBF response
BRUSSELS, 21 December 2020 – The European Banking Federation (EBF) welcomes the opportunity to respond to the European Data Protection Board’s (EDPB) consultation on its Recommendations on measures that supplement transfer tools to ensure compliance with the EU level of protection of personal data.
While we welcome the EDPB’s work to help resolve the uncertainty which has followed the CJEU Schrems II judgement and particularly the use of standard contractual clauses by data exporters, we are concerned on the substantial burden placed on the data controller to assess the adequacy of the level of protection afforded to personal data from the EU of the jurisdiction to which it is being transferred. This creates an immediate risk of fragmentation from differing assessments by companies and subsequently, to different actions from DPAs. Practical tools, which provide a uniform starting base for data exporters and help them conduct these assessments, are needed. We also note the lack of a proportionate and risk based approach in the Recommendations, which seem to be based on the assumption that the level of risk to data subjects depends solely on the law in the recipient country, and not at all on other factors.
The Recommendations should incorporate proportionate and risk based approach to transfers, which takes into account, for example, the type of data (normal/sensitive data), the risk for the data subject, the, level of security of data transferred and the likelihood of inappropriate interception by local authorities. A meaningful grace period is vital to allow for a sufficient period of time to elapse to enable businesses to implement the relevant procedures and measures.
x
For more information:
Liga Semane, Policy Advisor – Data & Innovation l.semane@ebf.eu
About the European Banking Federation:
The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from across Europe. The EBF is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere.
Subscribe to the EBF Weekly + FinReg Agenda
Every Friday at noon you can receive the EBF Weekly + Financial Regulation Agenda. This agenda presents an overview of upcoming European and international meetings and conferences in financial regulation, as well as important general financial and economic events and key EBF meetings for the week ahead. CLICK HERE TO SUBSCRIBE
Subscribe to the EBF Morning Brief
The EBF Morning Brief is published Monday through Friday morning and brings you the top banking headlines, relevant announcements from the EU institutions and the latest from the EBF and its members, national banking associations in 32 countries in Europe. CLICK HERE TO SUBSCRIBE
EU Banks for Ukraine
