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Gayle McFarlane of Cordery
The EU is in the process of reforming its existing data protection rules. These reforms have been moving slowly through the EU legislative pipeline, but on 15 December the European Commission announced that a political agreement has been reached (although
we’re yet to see the final text!). Even though the expected implementation date of these rules is still two years away, we strongly recommend that businesses prepare now as the reforms go well beyond an upgrade. Many deals signed or relationships
entered into involving personal data are likely to be covered by the new rules and most businesses will need to start now to be ready in time.
The top 5 things you need to know about these new regulations:
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