Name of regulation | ||
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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. |
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Legislative localisation | Chapter V, Article 47, Paragraph 1 | |
Regulation subject-matter |
Binding corporate rules (Article 47, Chapter V) | |
Regulation type |
Obligation
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Regulation class | Axiom or principle | |
Subjects of regulation | ||
Obligation | Supervisory authority |
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Tree of knowledge link | https://knowww.eu/nodes/5a0595ea4b5b5f0001903898 |