Companies Awaiting Adequacy Notice
PRIVACY LAW—NEW ZEALAND & EUMarch 29, 2011
Six months after the New Zealand Parliament passed legislation to comply with European privacy laws, companies are still waiting for the okay to do business in Europe, Computerworld reports. At least one New Zealand business says it has lost clients due to not being branded "adequate" under European privacy law, says Privacy Commissioner Marie Shroff. Further meetings and analyses are in process, and a formal recommendation for acceptance may come next month, the report states, noting the approval process has been underway for more than 10 years.