How American Businesses Could Approach Trade with Companies in South America that Are Located in Adequate and Non-Adequate Countries
Journal Title: International Journal of Social Science And Human Research - Year 2022, Vol 5, Issue 09
Abstract
This essay discusses the legal data privacy issues faced when doing business with a European Union (EU) member or a GDPR-compliant country that is not a member of the EU. The EU data transfer requirements are briefly explained, followed by a description of the South American nations that are General Data Protection Regulation (GDPR)-complaint or near GDPR- compliant, including Argentina, Brazil, Chile, and Uruguay. The paper talks about whether the United States or any of the states in the Union can be considered by the European Commission (EC) to be an adequate country and the impacts of the United States not being an adequate country. The former United States Privacy Shield (Shield) and its predecessor, the International Safe Harbor Privacy Principles (ISHPP), both of which were invalidated by the EC. Although the United States and the EU recently announced the Trans-Atlantic Data Privacy Framework (TADPF), the EC is anticipated to invalidate this framework. It is recommended that companies employ the pre-approved standard contractual clauses (SCCs) as the least risky endeavor to assure personal data privacy. The paper then turns to the issues involved in leveraging existing privacy policies. In this regard, the United States’ sectoral approach to privacy is examined. The leverage issues that exist when interacting with GDPR-complaint countries are considered. Two lists of recommendations are presented, the first list being more general-purposes, while the second list is specific. The paper concludes by observing that a firm should analyze the privacy laws under which it is covered, select the most inclusive policies and procedures so that the company is compliant with the GDPR and state and federal sectoral laws, and implement the resulting conservative privacy framework.
Authors and Affiliations
Donald L. Buresh, Ph. D. , Esq.
The Effect of Corporate Social Responsibility on The Persistence of Financial Performance
The company's financial performance, especially reported earnings, is not an independent variable to influence investors' decisions. A number of studies have shown evidence that investors' responses to financial performa...
Participatory Newspapers: A Thematic Analysis of Online News Articles and Readers’ Comments
E-newspapers have become inescapable sources of information thanks to their accessibility and interactivity. In their commentary sections, these digital platforms have given voice to their audience to have their say in w...
Greetings Style as a Linguistic Identity to Recognize the Poet and Leader of the Buton Community: A Study of Kabhanti Bula Malino’s Manuscripts
This study aims to analyze the style of greetings as a linguistic identity to recognize the poet and leader of the Buton community: A study of Kabhanti Bula Malino's manuscripts. Through an expressive approach and descri...
The Difficulties in Learning Listening Skill of Third-Year Non- English Majors at Dong Nai Technology University and Some Solutions
According to estimates, listening accounts for 40–50% of the time spent communicating, followed by speaking (25– 30%), reading (11–16%), and writing (approximately 9%) (Mendelssohn, 1994). This study aims to highlight th...
Study on Factors to Ensure Education Quality at University of Sciences - Thai Nguyen University
Research and collect feedback from staff and students on the quality of educational factors, thereby making necessary adjustments to help improve and meet the requirements of program quality inspection. Training and chec...