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Following the “Schrems II decision” of the Court of Justice of the European Union, data exporters from the EU are – with the support of their data importers – required to review all transfers of personal data to non-EU countries (so-called Transfer Impact Assessments or “TIAs”) and to implement adequate safeguards.
The purpose of a TIA is to evaluate whether the legislation in the third country might prevent the non-EU Data Importer from complying with GDPR requirements – especially regarding potential data access rights of intelligence agencies. A TIA requires a diligent assessment of all circumstances of the transfer in question, the laws and practices of the third country of destination and any relevant contractual, technical or organizational safeguards put in place.
In practice, reaching out to each vendor individually, carrying out all necessary TIAs and keeping track of the progress is extremely complex and can prove to be time consuming and resource intensive – especially for companies that cooperate with numerous vendors outside the EU.
The Taylor Wessing Legal Tech Tool provides an end-to-end solution for managing, performing and documenting all TIAs. The TIA tool will help you simplify and keep track of all processes related to TIAs. All you have to do is to enter the Vendors’ contact details, and the TIA tool will take care of (almost) everything else.
Fully automate your TIA-related procedures
Automatic evaluation and clear results