On Tuesday the European Commission adopted the EU-U.S. Privacy Shield
Current status and next steps
According to EU Commission’s press release the „adequacy decision“, the formal legal act of the Commission on E.U. side, was notified on Tuesday to the Member States and thereby entered into force immediately.
On the U.S. side, the U.S. Department of Commerce will start operating the Privacy Shield. Companies will be able to certify with the Commerce Department starting 1 August.