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The EU General Data Protection Regulation (GDPR) will apply directly in all EU member states on May 25, 2018, giving companies less than a year to comply.
The GDPR imposes far-reaching obligations for companies in the EU that collect, use, or otherwise process personal information. While the GDPR is pan-European in scope, individual Member States will be issuing implementation guidelines and in some areas more detailed rules. We are closely monitoring all developments related to local implementation on behalf of our clients and are making them available here so that you can track them as well.
With possible penalties of up to €20 million or 4% of global annual revenue for non-compliance, companies cannot afford to turn a blind eye. Morrison & Foerster’s global Privacy + Data Security team has extensive experience advising companies across industries in all phases of GDPR preparedness. Explore our readiness center as you continue to assess your obligations and chart a roadmap to compliance. We would be delighted to speak with you if we can assist. Our team is ready and willing to help.
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