February 1 is a date that all compliance practitioners in both the United States and in Europe need to circle. That is the deadline that the U.S. Department of Commerce and the European Commission are under to reach a new deal regarding the transfer of data from EU countries to the United States. These negotiations are part of the continued fallout from the Schrems decision, which invalidates the safe harbor provision under which U.S. companies brought information on EU citizens from Europe to the United States.
