From the European Commission:
The European Commission today adopted a draft mandate to negotiate a personal data protection agreement between the European Union and the United States when cooperating to fight terrorism or crime. The aim is to ensure a high level of protection of personal information like passenger data or financial information that is transferred as part of transatlantic cooperation in criminal matters.
[…]
Under the Commission’s proposal:
– The transfer or processing of personal data by EU or US authorities would only be permitted for specified, explicit and legitimate purposes in the framework of fighting crime and terrorism;
– There would be a right to access one’s personal data and this would be enforceable in courts;
– There would be a right to have one’s personal data corrected or erased if it is found to be inaccurate.
– There would be an individual right of administrative and judicial redress regardless of nationality or place of residence.
Read more on Finextra.
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