New Personal Data Protection Regulation

On 14 April 2016, the European Parliament adopted the text of the new Data Protection Regulation, which will be published in the official journal in the coming days.

WHY IS THIS REGULATION IMPORTANT?

The Regulation will repeal the legislation currently in force on protection of personal data. The existing legislation was published in 1995, in other words, before widespread use of the Internet and the arrival of the digital economy. The aim of the regulation is to respond to the challenges raised by the technological revolution over recent decades and to provide better protection for the rights of European Union citizens.

WHO WILL THE REGULATION AFFECT?

The new Regulation will apply to all companies that process personal data within the European Union, even if they are based outside the European Union.