Washington — The third annual review of the agreement used to transfer data between the US and EU begins this week. European Commission, Data Protection Authorities, and their US counterparts, will review progress made over the past year and discuss areas for further improvement to the EU-US Privacy Shield. Currently 5,000 companies from insurance and health care to tech and credit card companies participate.

Since June, Keith Krach was confirmed as Privacy Shield Ombudsperson and the PCLOB Board has reached its full slate of members. The FTC continues to actively enforce compliance, and settled  with 5 companies this month that falsely claimed certification under the framework.

The following can be attributed to Computer & Communications Industry Association President & CEO Ed Black:

“Since the last review more companies are using the Privacy Shield agreement to transfer data and the US has implemented more oversight with the ombudsperson and by getting a regulatory board fully staffed. We appreciate the review and the open dialogue with EU and US officials this week to keep data flowing between our countries.”