European Union:
Reform Of EU Data Protection Laws
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Having enjoyed two decades of relatively settled data protection
laws, companies doing business in (and into) Europe are now faced
with a sweeping overhaul of existing rules and principles which
will have a significant impact on the ways in which they use
personal data.
Impacted companies, both inside and outside the EU, must now
prioritise their preparations for the introduction of the EU
General Data Protection Regulation ("GDPR") on 25 May
2018. The potential penalties for non-compliance with the GDPR
include fines of up to €20 million or 4% of global turnover
for non-compliance.
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