The new European General Data Protection Regulation (GDPR) sets wider and more stringent requirements in data regulation and introduces a new figure: the Data Protection Officer (DPO). The main task a DPO is to ensure that a company’s activities are in line with the new rules, and to help to avert huge fines.
This request for a preliminary ruling, dealing among other issues with data protection and terrorist financing, concerned the interpretation of Article 11(1) of Directive 2005/60/EC on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing
As a follow up to the European Court of Justice Schrems decision of 6th October 2015, the EU and the US have managed to negotiate a fast track a new agreement called the EU-US Privacy Shield meant to replace the disgraced Safe Harbour agreement.
Aphaia Knowledge Centre reopens with a full podcast of the upcoming European General Data Protection Regulation (GDPR) by Nina Marot, a regulation that will substantially reshape privacy regulations in the EU Member States and influence companies whose business involves the processing of personal information.