General Data Protection Regulations (GDPR)
New and more stringent General Data Protection Regulations came into force in 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 still require clarity on the nature of the changes, their implications and how they can ensure compliance in the short, medium and long-term in relation to this pertinent business issue.
Firms found guilty of non-compliance could be fined 20m euros or four per cent of global turnover, whichever is the greater.
The Chamber is continuing to 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 to ensure a robust data process moving forward.
To download a briefing paper prepared by the Chamber, based on information from our strategic partner Geldards, please click here. An overview of GDPR from the Information Commissioner's Office can be found here.
To learn more about the Chamber’s activity in this area, contact the Policy team on 0333 320 0333 or email email@example.com.