On 14th April 2016 the European Parliament finally adopted the long awaited EU data protection regulation. The regulation is directly applicable in all Member States. It replaces the previous data protection regulation legislation and harmonising data protection regimes across Europe. With increased fines for enforcement data controllers who breach the new rules face maximum fines of €20 million or 4% global annual turnover. Notification by businesses of a data breach must be made to the authorities within 72 hours.
We are helping business now to put in place their compliance procedures in order to meet the new requirements. Our experience shows that an early start on such work is invaluable. We would be happy to discuss this with you and assist you.
We set out five of the key changes below:
The above is a general position of the law as at 14th April 2016 and does not constitute legal advice.
For further information please contact Shubha Nath on 0207 681 6073 or email shubha@nathsolicitors.co.uk.