On 20 March, a Client Alert from Wilmer Hale advised that the US and EU have agreed, in principle, to the Trans-Atlantic Data Privacy Framework, after more than a year of negotiations. The intention is that the agreement would facilitate data flows while bolstering privacy and civil liberties protections applicable to US signals intelligence activities. It is intended to replace the Privacy Shield, which the Court of Justice of the European Union deemed to be inconsistent with EU law and therefore invalid in July 2020. However, the article also notes that many details must be negotiated and codified in a final agreement.
https://ec.europa.eu/commission/presscorner/detail/en/FS_22_2100
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