The Adoption of European Union General Data Protection Regulation
The European Parliament has eventually adopted the General Data Protection Regulation recently, subsequent to more than 4 years of lengthy negotiations and around 4,000 amendments.
The regulation will entered into force two years after it is published in the Official Journal. From then onwards, companies (including MNC with subsidiaries in Europe) are required to implement a series of measures so as to make themselves fully complied with the new data protection rules, particularly taking into consideration the fact that all data protection authorities will have the power to impose heavy financial sanctions in the occasion of infringements in the future.
Meanwhile, the European Parliament has also adopted the Data Protection Directive for the police and criminal justice sector as well as the Directive for regulating the use of Passenger Name Record (PNR).
Please contact us for further information about these important pieces of legislation.