Following the joint press statement from Commissioner Věra Jourová and Secretary of Commerce Wilbur Ross of 13 September, on 23 October 2019 the European Commission published its report on the third annual review of the functioning of the EU-U.S. Privacy Shield. In a nutshell, the report of the third review found that the U.S. continues to provide an adequate level of protection for personal data transferred under the Privacy Shield from the EU to participating companies in the U.S.