As regulations for cross border data transfer continue to evolve, businesses will need to be proactive to remain compliant with the latest requirements. Learn what conditions need to be satisfied to export personal data from China.
This report developed by Womble Bond & Dickinson surveys nearly 200 executives based across the United States. This elite group – 62% of whom hold C-suite titles – comprised decision-makers from company leadership and key departments including information systems and information technology, privacy and security, legal and compliance, operations and finance, and marketing in response to states set to effect stricter requirements around consumer privacy rights in 2023. Check out this resource to view the full report and find out if companies are prepared to meet the looming updated guidelines.
On May 26, 2022, the US Department of Commerce, the Bureau of Industry and Security (BIS) issued a final rule, finalizing changes to License Exception Authorized Cybersecurity Exports (ACE) and making related changes to other sections of the Export Administration Regulations (EAR). These changes include narrowing of exceptions for end use restrictions applicable to certain government end users in Cyprus, Israel, and Taiwan under License Exception ACE and addition of new end use restrictions for License Exception ENC (Encryption Commodities, Software, and Technology).