New Safe Harbor Agreement

European officials and the U.S. agreed today on a new safe harbor agreement. The EU Article 29 Working Group had set a deadline until the end of January 2016 to find an alternative agreement, which was missed. The agreement still needs to be approved by the 28 member states. Further information on the new safe harbor agreement is expected after the EU Article 29 Working Group meeting, which is supposed to take place today and tomorrow.