Amendment LIBE #2468

Article 43 – Paragraph 1

1. A supervisory authority shall in accordance with the consistency mechanism set out 1. Controllers and/or processors that wish to provide appropriate safeguards by binding corporate rules as referred to in Article 58 approve 42(2)(a) shall notify the appropriate supervisory authorities of the existence of their binding corporate rules, and the supervisory authorities shall be deemed to have approved the binding corporate rules provided that they:

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