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Binding Corporate Rules (BCRs)

Binding corporate rules (BCRs) are a legal tool that can be used by multinational companies to ensure an adequate level of protection for the intra-group transfers of personal data from a country in the EU or the European Economic Area (EEA) to a third country. The use of BCRs requires, in principle, the approval of each of the EU or EEA data protection authorities from whose country the data are to be transferred.

Source: 

[EDPS Glossary] European Data Protection Supervisor (EDPS) Glossary - accessed online.

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