Legal Definitions from Termly’s Legal Experts

Binding Corporate Rules

Binding Corporate Rules definition (noun)
1.

Binding Corporate Rules (BCR) are the EU policies that specify how international companies, organizations, and groups transfer protected personal data out of the EU. BCR are complex and require between 6 to 9 months to be approved. They should not be considered “blanket policies” for all data transfers.

Appears in: Privacy Policies and GDPR

Trusted by Thousands

Trusted by thousands of companies worldwide, Termly’s intuitive software generates legal policies and handles consent management for any business in minutes.

Brand Logo FIS Brand Logo Eggland Brand Logo Veeps Brand Logo Hertz Brand Logo K2 Sports Brand Logo Law Insider
Termly Bolt
Try Termly’s Compliance Solutions For Free!
Get Compliant
Jona, Senior Product Manager @ Termly

Termly allows our users to focus more on their business instead of spending countless hours figuring out data privacy compliance. - Jona, Senior Product Manager @ Termly