SEC data transfer safe harbor raises questions for UK companies
Law360
Davis Polk partner Robert Cohen and associates Mikaela Dealissia and Will Schildknecht recently authored “SEC Data Transfer Safe Harbor Raises Questions for UK Companies” in Law360. In the article, they discuss the SEC’s recent announcement that U.K. authorities will permit U.K.-based companies to transfer personal data of U.K. data subjects to the SEC to facilitate its investigations even in the absence of a subpoena or other legal obligation. The article explores the significance of this announcement, namely that some practitioners have feared that the U.K. and EU’s GDPR would prevent such transfers.
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