​After more than 4 years of negotiation and roughly 4,000 amendments, the General Data Protection Regulation has finally been adopted yesterday by the European Parliament. 

The regulation will come into force two years after its publication in the Official Journal. Companies will have to implement a series of measures in order to make themselves compliant with the new data protection rules, especially taking into account the fact that all data protection authorities will in the future have the power to impose heavy financial sanctions in the event of infringements.

At the same time, the European Parliament has also adopted the Data Protection Directive for the police and criminal justice sector and the Directive regulating the use of Passenger Name Record (PNR).

Please contact us for further information about these important pieces of legislation.

YOU MIGHT ALSO WANT TO DISCOVER

15/10/2019
Budget 2020: advance tax confirmations granted before 1 January 2015 no longer binding

On 14 October 2019, the Luxembourg government filed the 2020 budget bill with the Luxembourg parliament.

Read More_
Corporate Governance and liabilities of the management body
Understanding Securitisation
enhance
your
experience
unfortunately, you can not personnalize your browsing on this page

Would you like to configure your browsing experience at arendt.com?

Let us know your profile and favourite topics

You are

Banking and Financial Services

Fund Industry

Private Clients
Private Sector

Public Sector