Frances McLeod on data transfer compliance: It's time to become GDPR aware
The European Union's new General Data Protection Regulation (GDPR), which becomes law on May 25, 2018, creates a uniform code for all EU nations.
EU nations that have survived totalitarian regimes (Germany, Spain, Eastern European nations) are prone to be especially protective of individual privacy rights. The GDPR responds to those concerns, requiring organizations worldwide that store or process EU data to diligently protect personal information and prove how they do so.
While there is no single solution to protect a company against violation of data privacy regulations around the world, international companies operating in a regulated environment should have a defined policy for responding to a regulatory subpoena to prevent severe penalties for violation.
FRA's founding partner, Frances McLeod, discusses on the FCPA Blog the EU's new General Data Protection Regulation and discloses her recommendations for international companies operating in a regulated environment.