ARTICLE
23 September 2022

Deadline To Update Template Contracts To Address International Personal Data Transfers Outside The UK

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Mayer Brown
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Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. With extensive reach across four continents, we are the only integrated law firm in the world with approximately 200 lawyers in each of the world’s three largest financial centers—New York, London and Hong Kong—the backbone of the global economy. We have deep experience in high-stakes litigation and complex transactions across industry sectors, including our signature strength, the global financial services industry.
Practically, businesses need to update any template contracts..
UK Privacy
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Companies that rely on standard contractual clauses for transferring personal data from the United Kingdom to jurisdictions not considered to offer an adequate level of data protection under the UK General Data Protection Regulation can no longer use the old EU standard contractual clauses in new contracts as of today, Wednesday 21 September 2022.

Instead, businesses must use the international data transfer agreement (the "IDTA") or the international data transfer addendum to the European Commission's standard contractual clauses (the "UK Addendum") which were approved by the UK Information Commissioner's Office for this purpose and entered into force on 21 March 2022. You can read more information about both documents in our client alert.

Practically, businesses need to update any template contracts (e.g. with customers or suppliers) which incorporate the old EU's standard contractual clauses and replace them with the IDTA or the UK Addendum.

Businesses should also review their existing contracts which still use the old EU standard contractual clauses and identify those that will need be renegotiated by 27 December 2022 (to include the new European Commission's standard contractual clauses for personal data transfers outside the European Economic Area) and 21 March 2024 (to include the IDTA or the UK Addendum for personal data transfers outside the United Kingdom).

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This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.

ARTICLE
23 September 2022

Deadline To Update Template Contracts To Address International Personal Data Transfers Outside The UK

UK Privacy
Contributor
Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. With extensive reach across four continents, we are the only integrated law firm in the world with approximately 200 lawyers in each of the world’s three largest financial centers—New York, London and Hong Kong—the backbone of the global economy. We have deep experience in high-stakes litigation and complex transactions across industry sectors, including our signature strength, the global financial services industry.
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