What Do The New Standard Contractual Clauses (SCCs) Mean for Data Transfers Post-Schrems II?

The European Commission has adopted a newly updated version of the Standard Contractual Clauses (SCCs), which are the most commonly used legal mechanisms for transferring personal data and international companies rely upon this hugely.  

With companies endeavouring to comply with the CJEU’s decision in Schrems II, coupled with an overhaul of existing contracts resulting from new SCCs, this development will be of key importance for companies.