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GDPR – what this means for your business

GDPRNew and more stringent General Data Protection Regulations come into force on 25 May 2018, heralding the biggest change in data protection legislation in 20 years.

The definition of personal data is now becoming much broader and will have profound significance for businesses across a broad range of sectors.

Non-compliance penalties have already attracted publicity and created a climate in which Chamber members are requesting clarity on the nature of the changes, their implications and how best they can prepare for them before the regulations become legally-binding.

Firms found guilty of non-compliance could be fined 20m euros or four per cent of global turnover, whichever is the greater.

East Midlands Chamber will play its part by working with legal experts to highlight the changes, signpost firms to help where needed and available and show them what they can/should be doing now to ensure their organisation is adequately prepared.

Working with a member law firm, we are working on setting up a telephone helpline, links to online resources and will be delivering briefing sessions at which businesses can find out more: details will follow shortly.GDPR briefing paper

To download a briefing paper prepared by the Chamber, based on information from our strategic partner Geldards click here or on the image, right.

An overview of GDPR from the Information Commissioner's Office can be found here.

For a business-perspective on GDPR, its aims and implications, have a look at the Experian white paper Defining the Data-Powered Future.

Forthcoming GDPR events:

23 November: Getting Ready for GDPR seminar, Mercure, the Grand Hotel, Leicester
8 December: Getting Ready for GDPR seminar, Palace Hotel, Buxton
23 January: Getting Ready for GDPR seminar, Park Inn Radisson, Nottingham
12 February: Getting Ready for GDPR seminar, Turbine Innovation Centre, Worksop
22 February: Getting Ready for GDPR seminar, i-Centre, Mansfield
2 March: Getting Ready for GDPR seminar, Newark Centre, Newark
8 March: Getting Ready for GDPR seminar, Doncaster Dome, Doncaster

Enquiries to plc@m-ncc.koiyecdl.ou in the first instance.

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