Legislation

March 27, 2017

Prepare Now For GDPR And Avoid The Fines

Prepare Now For GDPR And Avoid The Fines

The EU General Data Protection Regulations (GDPR) comes into effect in April 2018 and if your business is not GDPR compliant it may face a fine of 4% of its annual turnover.

How will your business be affected and what you can do to stay ahead of the new and wide-ranging GDPR (General Data Protection Regulation)?

Below are registration details and your free invitation to a seminar by Grant Thornton in London on Thursday 27 April 2017 between 08.30 and 10.30.

Topics covered include:

 

  • Key highlights and the reasons why GDPR has emerged
  • Who is affected 
  • ‘Privacy Shield’ proposals versus US-EU Safe Harbour framework
  • Timeline for implementation and enforcement of GDPR 
  • Key regulatory changes and how businesses will need to react
  • How the Information Commissioner’s Office will monitor compliance 
  • Brexit implications on the GDPR

For more information, click here.

 

About the GDPR 

The European Union’s General Data Protection Regulation (GDPR) will come into effect in 2018 and replaces the Privacy Directive, and has left many businesses searching to understand its impact and new compliance environment. GDPR supersedes the EU Data Protection Directive and creates a uniform standard for data protection in the EU, expanding the jurisdictional reach of EU data protection laws, and allowing for hefty fines for certain GDPR violations.

According to the Information Commissioner’s Office:

Once implemented in the EU, the GDPR will be relevant for many organisations in the UK – most obviously those operating internationally. The other main reason is that the GDPR has several new features – for example breach notification and data portability. 

With so many businesses and services operating across borders, international consistency around data protection laws and rights is crucial both to businesses and organisations, and to consumers and citizens. 

 

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