Basic information about the regulation

Name of regulation
Binding corporate rules in accordance with the consistency mechanism set out in Article 63
Citation
The competent supervisory authority shall approve binding corporate rules in accordance with the consistency mechanism set out in Article 63, provided that they:
(a) are legally binding and apply to and are enforced by every member concerned of the group of undertakings, or group of enterprises engaged in a joint economic activity, including their employees;
(b) expressly confer enforceable rights on data subjects with regard to the processing of their personal data; and
(c) fulfil the requirements laid down in paragraph 2.
Legislative localisation Chapter V, Article 47, Paragraph 1
Regulation
subject-matter
Binding corporate rules (Article 47, Chapter V)
Regulation type Obligation
Regulation class Axiom or principle
Subjects of regulation
Obligation Supervisory authority
Tree of knowledge link https://knowww.eu/nodes/5a0595ea4b5b5f0001903898