ITA seeks approval to publish a Federal Register Notice (FRN) announcing the opportunity to apply for inclusion on the supplemental list of arbitrators under the Swiss - U.S. Privacy Shield Framework (Privacy Shield).
The arbitral mechanism is a critical component of the Swiss-U.S. Privacy Shield Framework and must be implemented by April 12, 2018, to preserve the integrity of the Privacy Shield program. More than 2,600 U.S.-based organizations currently rely on the Privacy Shield to transfer the personal data from the EU and Switzerland to the United States necessary to do business across the Atlantic. Such a data transfer mechanism is critically important, because it underpins almost $300 billion in digitally deliverable services traded across the Atlantic each year.
ITA requests expedient approval of the FRN announcing the opportunity to apply for inclusion on the list of arbitrators.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.