Binding Corporate Rules
From Open Risk Manual
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Definition
Binding Corporate Rules (BCRs) are a legal tool that can be used by multinational companies to ensure an adequate level of protection for the intra-group transfers of personal data from a country in the EU or the European Economic Area (EEA) to a third country.
The use of BCRs requires, in principle, the approval of each of the EU or EEA data protection authorities from whose country the data are to be transferred.