The document examines Binding Corporate Rules (BCRs) and Cross Border Privacy Rules (CBPRs) as solutions for cross-border data transfers under EU and APEC privacy frameworks. BCRs allow multinational corporations to transfer data within the corporate group via a single approval process. However, BCRs currently have onerous requirements and lack legal clarity. CBPRs developed under APEC also face challenges in adequacy due to weaker privacy principles and enforcement. Global cooperation is needed to develop compatible cross-border data transfer mechanisms.

1. Examining the Binding Corporate Rules as the most promising solution for the cross border data transfers of multinational companies under the EU Data Protection Directive A comparative study with the Cross Border Privacy Rules developed in the APEC By Evangelia Mesaikou 480839