EDPB Adopts Overall Favorable Opinion on European Commission’s Draft Adequacy Decision for South Korea

On September 28, 2021, the European Data Protection Board (“EDPB”) issued its opinion on the European Commission’s (“Commission”) draft decision on the adequate protection of personal data in the Republic of South Korea.  Once the Commission approves the decision, it will allow for personal data to flow freely from the EEA to commercial operators and public authorities in South Korea, without the need to implement other transfer mechanisms provided in the General Data Protection Regulation (“GDPR”), such as standard contractual clauses.