What is a transfer impact assessment?

What is Transfer Impact Assessment?

Transfer Impact Assessment (TIA) is a systematic approach to assessing the impact and risks of a transfer of activities, resources or responsibilities to a company. It is an important part of the business integration process that examines the impact of a transfer on a company's performance and competitiveness through a series of questions.

What can a Company Expect From TIA?

TIA enables a company to minimize the risk of a transfer and ensure that the transfer meets the company's expectations. It also helps the company identify and assess potential issues related to processes, systems, communications, working conditions and other areas. The results of the TIA can also help the company make an informed decision about the transfer by providing relevant information and assessments.

Implementation of the Assessment.

This assessment will be carried out in accordance with Art. 44 et seq. GDPR. The TIA includes identification of the parties involved (data exporter and data importer) and details about the data transfer. It must be reviewed regularly to ensure that the necessary data protection measures are still in place and effective.

The TIA must take into account the circumstances of the transfer. This includes the type of data transfer, the categories and format of personal data, the transfer channels, the intended processing chain, and the location and type of storage. It is important to consider the applicable laws of the destination country, as many countries have specific regulations that require disclosure or access of data to public authorities. For example, the US CLOUD Act requires that US authorities have access to data stored in the cloud.

In addition, technical and organizational measures (TOMs) set forth in standard contractual clauses (SCCs) must be considered. Additional measures may also be provided that are required during the transfer and/or processing of personal data in the country of destination. These may include, for example, security measures for data transfer, encryption standards, or compliance with industry standards.

Conclusion

Transfer Impact Assessment (TIA) is a systematic approach to assess the impact and risk of transferring activities, resources or responsibilities to an organization. It helps the organization minimize the risk of a transfer and ensure that the transfer meets the organization's expectations. A TIA must be reviewed periodically to ensure that the necessary data protection measures are still in place and effective. The TIA includes identification of the parties involved, details about the data transfer, the type of data transfer, the categories and format of personal data, the transfer channels, the intended processing chain, and the location and type of storage. In addition, technical and organizational measures must be taken into account to minimize the risk of transfer.