The General Data Protection Regulation (GDPR) becomes law across the European Union on Friday 25 May.
This new law mandates that any organisation that holds data of a personal nature must implement new policy in respect of how that data is collected and used. Additional safeguards must be put in place. The Regulation also carries stiff penalties for businesses that do not adhere to the new law. Also, as a Regulation rather than a Directive, the rules will be implemented across the entire EU at the same time and in exactly the same way.
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Further information on GDPR and how businesses can prepare for its impact can be had from the UK’s Information Commissioner’s Office, or its peers in other EU jurisdictions (https://ico.org.uk)