Standard Contractual Clauses
The anticipated publication of new standard contractual clauses (SCCs) later this year will result in the repeal of the current SCCs.
The EU is poised to grant data adequacy to the UK, removing the need for businesses to put in place additional measures – and incur significant additional costs – to continue to transfer data between the EU and the UK. However, there is another significant data protection event and challenge on the horizon, the anticipated publication of new standard contractual clauses (SCCs) later this year, which results in the repeal of the current SCCs.
For organisations that rely on SCCs to transfer personal data outside the UK and the EU, the requirement to re-paper those contracts within the 12-month grace period will be burdensome both in time and cost. Large organisations are likely to need to address hundreds, if not thousands, of contracts that will need to be identified, reviewed, assessed and then repapered with new SCCs.
Condor has in place a cost-effective solution to support clients when this exercise unfolds.
Having successfully completed GDPR and other re-papering projects for clients involving the remediation of hundreds or thousands of contracts, Condor is already well-versed in repapering exercises. Condor combines Fieldfisher’s legal expertise with technology and paralegals for a cost-effective and scalable legal service delivery, managing the entire process end-to-end.