EDPB Updates Cooperation Procedure for Binding Corporate Rules

The European Data Protection Board (EDPB) Wednesday published a cooperation procedure for approval of Binding Corporate Rules (BCRs) for data controllers and processors. The European Commission defines BCRs as "data protection policies adhered to by companies established in the EU for transfers of personal data outside the EU within a group of undertakings or enterprises." BCRs must include all general data protection principles and enforceable rights, and must be legally binding.