Safe harbor meaning

Data export restriction Restriction under the Data Protection Directive Directive 95/46/EC, (the Data Protection Directive) ARCHIVED: This Practice Note outlines the data export limitation under the Data Protection Act 1998 (DPA 1998), which restricts the transfer of personal data to countries outside the European Economic Area (EEA) unless those destinations provide an adequate level of privacy protection. It summarises the data protection framework in place before 25 May 2018 and reflects the position under the DPA 1998. This Note is offered for background purposes only and is not updated... For details on the position under the General Data Protection Regulation, Regulation (EU) 2016/679 (the GDPR), refer to the following Practice Notes: Introduction to the EU GDPR and UK GDPR, which includes a section on international personal data transfers and transfers to international organisations UK GDPR and EU GDPR—transfers of personal data internationally and to international organisations DPA 1998 to GDPR comparison—international data transfers of personal data [Archived] UK data protection law...

This Practice Note offers a concise overview of the principal features of Regulation S and the practical considerations of relying on Regulation S for English and other non‑US lawyers; it is not intended as an exhaustive discussion of Regulation S. Background and scope of Regulation S Adopted in 1990, Regulation S was introduced to clarify the extraterritorial reach of the registration and prospectus delivery obligations under the US Securities Act of 1933, as amended (the Securities Act). The rule rests on a straightforward principle: any offer or sale of securities conducted within the United States of America (United States) is potentially subject to the registration and prospectus delivery requirements of Section 5 of the Securities Act (Section 5), while any offer or sale made outside the United States is not. Putting that premise into practice for international offerings is more complex. Regulation S sets out two non‑exclusive safe harbours for particular transactions: one primarily for issuers and distributors of securities, and another for resales of...

This archived Practice Note sets out information on the data protection landscape before 25 May 2018 and reflects the position under the Data Protection Act 1998 (DPA 1998). It is provided for background only and is not maintained. From 25 May 2018, the General Data Protection Regulation, Regulation (EU) 2016/679 (the GDPR), introduced significant reforms to EU and UK data protection law, replacing the DPA 1998 and Directive 95/46/EC (the Data Protection Directive). For later guidance on Model Clauses under the GDPR, see Practice Note: UK GDPR and EU GDPR—transfers of personal data internationally and to international organisations—Article 46 tools... Model Clauses—an overview This practice note outlines the EU Standard Contractual Clauses (also referred to as Model Clauses) that have been approved by the European Commission (the Commission). These standard-form clauses enable organisations to transfer personal data to a non-EEA third country that has not received an adequacy decision from the Commission. The Practice Note describes the categories of Model Clauses available and how to implement them in...