Nearly four months after it was struck down, the U.S. and the European Union have reached a new Safe Harbor deal. It’s called the EU-US Privacy Shield and will facilitate the transfer of European citizens’ data to American companies. While the framework has been ironed out verbally, European authorities still need to create a full draft about the decision in the coming weeks and then have it approved by the union’s 28 member states. Meanwhile, U.S. companies need to formalize their steps to meet all requirements.
Features of the new agreement include an outline for resolving disputes if European citizens feel their data has been misused or abused. The FTC will help field those complaints, and U.S. companies will have strict deadlines to address them. Additionally, a new national security watchdog will be appointed to deal with national intelligence issues. That person will address instances of oversteps in power, or really, if the agreement is abused to allow for mass surveillance.
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This article originally appeared on Recode.net.