Expat Community > Panama

panamajames
Joined 2012
Posts: 5098

The EU Blacklists the US

11 years ago

The U.S. was just reminded its laws don’t apply to everyone on the planet … In a landmark ruling last Tuesday, the EU’s highest court struck down the Safe Harbor deal. The system, set up 15 years ago by the European Commission, is utilized by some 4,000 firms, including Google and IBM. It allows companies with offices in the U.S. and Europe to easily transfer data to each other — including payroll and human resources information.

This ruling was so noteworthy because of the reason behind it: The EU court said the deal was unable to protect EU citizens’ data from the requirements of American national security, public interest and law enforcement. Not to mention that EU citizens have no real legal means to contest the abuse of their information in the U.S.

Essentially, the EU has blacklisted America as a country unable to provide sufficient data protection.

Business Panama Group

Business Panama Group, with 20 years of experience, plays a pivotal role in promoting and facilitating investments, real estate, and tourism ventures in Panama.
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Business Panama Group

Business Panama Group, with 20 years of experience, plays a pivotal role in promoting and facilitating investments, real estate, and tourism ventures in Panama.
Learn More