- BCR:
- Binding Corporate Rules
- :de: verbindliche interne Datenschutzvorschriften
Binding Corporate Rules (BCRs) are internal policies adopted by multinational companies to allow the transfer of personal data outside the European Economic Area (EEA) while ensuring compliance with the General Data Protection Regulation (GDPR). These rules provide a framework for data protection within the organization and establish a set of principles and safeguards that govern how personal data is processed, stored, and transferred. BCRs are particularly important for companies that operate across different jurisdictions, as they help to ensure that the same level of data protection is maintained regardless of where the data is processed.
By implementing BCRs, companies commit to upholding the rights of individuals regarding their personal data, including transparency, data minimization, and security measures. This self-regulatory approach enables organizations to demonstrate their accountability and compliance with GDPR requirements. Furthermore, BCRs must be approved by the relevant data protection authorities, ensuring that they meet the necessary legal standards for protecting personal information during international transfers. This mechanism not only facilitates smoother data flows but also enhances trust between businesses and their customers by reinforcing the importance of data privacy.
Links
https://de.wikipedia.org/wiki/Binding_Corporate_Rules