The text of the "Privacy Shield" was released today by European Commission and the US Department of Commerce. The arrangement was intended to bring EU-US data transfers in line with the recent decision of the European Court of Justice in the Schrems case. But the framework appears to provide less protection than the Safe Harbor arrangement it replaces. New exceptions take broad categories of personal data entirely outside the scope of the agreement. Max Schrems said "this is far from what the Court required and does not seem like a stable solution." Privacy experts will now assess the text and determine whether it provides an adequate basis for the transfer of personal data. EU and US NGOs have urged the US to update its privacy laws.