Technically, this ⬇️ I know I may sound like a broken record at this point, but I’ve been saying this over & over again, in webinars, calls & while sleeping, since July 16, 2020. This is 1 of the reasons why SchremsII is a tough nut 2 crack: findings were made abt specific US law
- For the US, you can pretty much skip the third country legal analysis part of the #TIA. CNIL says "It is not necessary to analyze in detail the legal framework applicable to the US insofar as the Court has already carried out such an analysis in SchremsII judgment 4/7
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How do the banks in Europe deal with this? FATCA requires disclosure to the US. Most credit card payments flow through card brands subject to US law.
Are they gathering consent? Or are excluded from the rules in some way?
Feb 17, 2022 · 10:26 PM UTC