By Naima Zohair
Assistant Manager – Global Strategy
Corporate Research and Investigations Ltd
Ever since its conception, GDPR has caused a strong stir in the legal and compliance world. The new law builds on the previous data protection legislation but at the same time provides more resilient protections for consumers, and more privacy considerations for organizations involved in the processing of personal data. The new EU General Data Protection Regulation (GDPR) in Europe, adopted in 2016, will be applicable starting on May 25, 2018. GDPR comes with significant changes compared to the Data Protection Directive 95/46/EC involving operational changes in organizations.
To say that GDPR is an extension of the previous law will also not be true. It is an add-on but a game changer as well in the field of legal and compliance. It has been dubbed as the most important change in data privacy laws in 20 years, leaving the compliance world in a bit of an abyss due to it ever evolving nuance and uncertain nature of applicability. Each country needs to have their own Data protection (outside EU) as stringent and controlled as the EU’s GDPR. [Read more…]