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Binding corporate rules may be described as an international code of practice followed by a multinational corporation for transfers of personal data between the companies belonging to the same multinational corporation. Any multinational corporation wishing to transfer personal data between its own companies on an international basis can consider using binding corporate rules, which must be approved by the national data protection authority pursuant to its own national legal procedures.
At European level the Article 29 Working Party has established a joint procedure for the different national authorities.