The exchange of personal data from the European Union to American organizations is controlled by a data "Privacy Shield" framework.
The Privacy Shield framework has been recognized by the European Commission to ensure a high level of protection for personal data when being transferred to organizations in the United States.
After joining Privacy Shield, American organizations are required to protect the data by respecting strict rules during data processing, even if the data ends up being transferred to other organizations.
With Dawex, you may acquire data that contains personal information from companies based in the European Union if you are an acquirer whose business is based outside the European Union.
In that case, both parties are requested to provide some additional information prior to the transaction, to determine the standard contractual clauses to include in the contract governing data processing.
You will find more information about current legislation regarding this topic on the following sites: