Equinix Achieves Binding Corporate Rules Compliance for Safeguarding Personal Data Transfers from Europe
BCRs are designed to allow multinational companies to transfer personal data from the European Economic Area (EEA) to their affiliates located outside of the EEA, while adhering to the highest standards, as demanded by EU regulators. Achieving BCRs compliance ensures that the personal data flows that
The process to get the BCRs approved with the
The BCRs certification comes as governments around the world consider and implement data privacy regulations modeled after the GDPR, including locations where
In an independent survey commissioned by
Highlights / Key Facts
- The European Data Protection Board ensures the consistent application of GDPR throughout the European Economic Area and since GDPR took effect, has a role to play in approving Binding Corporate Rules (BCRs) applications.
- Historically,
Equinix has used the EU Model Clauses in its inter-company agreements to facilitate such data transfers from the EU, which will continue to be in place, but the BCRs provide the added "gold standard" in providing adequate safeguards to enable intra-group transfers to meet operational requirements and to facilitate the transborder flow of data as necessary today to run a global enterprise. - Following approval by the EDPB, the ICO as the lead data protection authority for
Equinix's BCRs application, proceeded to formally approve and adopt the BCRs. Equinix's BCRs cover personal data transferred from legal entities ofEquinix in the EU worldwide, including employee and business contact information, i.e., customer, partner, supplier and vendor information.- These BCRs are a critical part of the overall Equinix Global Privacy Policy, that ensures data privacy compliance managed by the Equinix Privacy Office, and in a manner that supports
Equinix's global corporate strategy. - The full opinion issued by the EDPB can be viewed here: https://edpb.europa.eu/sites/edpb/files/files/file1/edpb_opinion_201915_equinixbcrs_en.pdf
- The full copy of the approved BCRs is available on the
Equinix website at: https://www.equinix.com/company/legal/privacy/global-privacy-policy/
Quotes
Peter Waters , SVP Legal EMEA and Chief Privacy Officer,Equinix :
"As a company that helps facilitate the movement of data globally, we felt that seeking the highest standard of compliance around international transfers of personal data was the right approach for bothEquinix and our global customer base, and that meant leveraging BCRs. As our BCRs were the first-ever to go through the process post-GDPR, we were put under scrutiny by the data protection regulators across the 27 EU member states. To have secured the approval of our BCRs in this context is a real success story. We believe this is an important milestone forEquinix in our own compliance strategy and for our global customers and partners who look to us to provide the security and trust required around how we operate our global enterprise."Russell Poole , Managing Director U.K.,Equinix :
"As theU.K. continues to prepare to leave theEuropean Union , companies that leverageEquinix as a business partner can be confident that their personal data we obtain will continue to be protected to the high standards set by theEuropean Union , regardless of what a final Brexit deal may look like. This will allow the seamless transfer of their personal data to continue unabated acrossEquinix's global platform."
About
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX data centers and developing, deploying and delivering
View original content to download multimedia:http://www.prnewswire.com/news-releases/equinix-achieves-binding-corporate-rules-compliance-for-safeguarding-personal-data-transfers-from-europe-300954926.html
SOURCE
Equinix (Global), David Fonkalsrud, +1 650-598-6240, dfonkalsrud@equinix.com, or Equinix (EMEA), Liam Rose, +44 (0) 207 618 9602, liam.rose@eu.equinix.com, or Equinix Investor Relations, Katrina Rymill, +1 (650) 598-6583, krymill@equinix.com