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Get Ready For The EU’s Kafkaesque Data-Privacy Rules

Chief Executive

02 Feb 2018

Several questions remain as companies prepare for the General Data Protection Regulation including how to treat the rule that prohibits private parties from collecting information about criminal offenders without consent, which conflicts with the U.S. Treasury rules requiring financial institutions to cross-check foreign transactions against the Office of Foreign Assets Control list of terrorist organizations and other banned entities.

“It’s a direct conflict of law, and there’s no answer yet,” said Miriam Wugmeister, co-chair of Morrison & Foerster’s Privacy and Data Security Group in the Chief Executive article “Get Ready For The EU’s Kafkaesque Data-Privacy Rules.”

In reference to the compliance infrastructure U.S. companies are required to have, Ms. Wugmeister counted: “Failure to have your own governance and accountability policies is its own violation.”

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