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Hunton & Williams’ Privacy and Information Security Law Blog reports on the Article 29 Working Party’s (WP29) press release outlining efforts made to promote cooperation between EU and Asia-Pacific Economic Cooperation group (APEC) data transfer systems. A joint EU-APEC committee has been comparing the EU’s binding corporate rules framework and APEC Cross-Border Privacy Rules with a goal of creating “practical tools, including a common referential, for those multinational companies that have data collection and/or processing-related activities in both the European Union and APEC region,” the press release states. The WP29 and APEC are expected to adopt a roadmap in the coming months in order to continue their work in this area.
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