The subject of this article is cross-border data flows between the European Union and the United States following the annulment of the EU–US Privacy Shield by the Court of Justice of the European Union. Restrictions on data transfers outside the European Union introduced by the General Data Protection Regulation (GDPR) and the lack of full EU-recognised adequate data protection in the United States are addressed. The article analyses the landmark judgment of the Court of Justice of the European Union in the Schrems II case and the newly emerging US legislation: the Regulation on Strengthening the Safeguards for US Signals Intelligence Activities interms of ensuring compliance with personal data laws and in the broader context of transatlantic relations and the digital economy. The analysis of the above issues was made in order to assess the available options for the transfer of personal data
between the European Union and the United States and to identify the implications of the current situation for companies operating in the area of cross-border data flows.