The Global CBPR Forum builds upon the existing APEC frameworks, and is intended to increase the adoption of the framework globally. It recognizes that interoperability may occur where countries have shared privacy values even though there are distinct nuances in their privacy regulations. Current founding participants include Canada, Chinese Taipei, Japan, the Philippines, the Republic of Korea, and Singapore. We strongly support the goal of expanding the Global CBPR to additional countries around the world as it will simplify transferring data to various regions.
Our transition to the Global CBPR Forum should be seamless, allowing Workday to continue to demonstrate compliance to internationally recognized privacy standards.
Progress on the EU-US Data Privacy Framework
In addition to the CBPR announcement, we’re pleased that there will soon be greater legal certainty about future transfers of European personal data to the U.S. Last month, President Biden and the European Union (EU) Commission announced they reached anagreement in principleon a new framework for personal data transfers from the EU to the U.S. We’re awaiting an executive order from President Biden, which will officially set out the U.S.’s legal commitments and form the basis for a future adequacy decision from the EU Commission. Workday has maintained our certification to隐私保护框架, which will again be a valid data transfer mechanism following the adequacy decision. We look forward to sharing more once the executive order is released.
It's refreshing to see positive steps toward ensuring privacy is protected and data transfers seamlessly continue for both Workday and our customers. In light of today’s ever-changing regulatory landscape, efforts like these that build trust across borders are essential.