Codes of conducts are often used by industry bodies to undertake a procedure which is standardised and has control built in.  A code of conduct for data protection purposes must include safeguards which protect the rights of the data subject and must be approved by the supervisory authority.

Codes of Conduct for International Data Transfer

Transferring data internationally requires either the receiving country to be deemed adequate or appropriate safeguards to be in place.  One such set of safeguards are codes of conduct.

At the time of writing, few approved codes of conduct exist, therefore there is a limited opportunity available to apply this safeguard.