DIFC Data Protection Law 2020

The long-awaited revamp of the data protection regime has finally arrived in the DIFC. As one of the first jurisdictions in the Middle East to draft a stand-alone data protection law, the DIFC has always stood on the forefront of ensuring that the best standards of privacy and data protection would be a key building block of the financial center.

DIFC Law No. 5 of 2020 will come into force at the beginning of July offering entities in the center a 3-month moratorium to comply with the new legislation. As has been expected, the New Data Protection Law has utilized the now recognized standard of the GDPR to underpin the changes to the DIFC data protection regime.

Key Factors of the New Data Protection Law