ARTICLE
27 September 2016

"Privacy Shield" Open For Business – Fees?

M
Mintz

Contributor

Mintz is a litigation powerhouse and business accelerator serving leaders in life sciences, private equity, sustainable energy, and technology. The world’s most innovative companies trust Mintz to provide expert advice, protect and monetize their IP, negotiate deals, source financing, and solve complex legal challenges. The firm has over 600 attorneys across offices in Boston, Los Angeles, Miami, New York, Washington, DC, San Francisco, San Diego, and Toronto.
The certification forms for the new US-EU Privacy Shield Framework are now available online.
United States Privacy

The certification forms for the new US-EU Privacy Shield Framework are now available online.   What is not easily discernible in the workflow is the fee structure.  One needs to refer back to the Federal Register's implementation notice, published July 22. To save our readers the trouble, here is the "cost recovery program":

Organization's annual revenue Annual fee
$0 to $5 million $250
Over $5 million to $25 million 650
Over $25 million to $500 million 1,000
Over $500 million to $5 billion 2,500
Over $5 billion 3,250

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