The European Parliament approved the revised draft of a new Regulation aiming to overcome obstacles that cross-border e-commerce customers are faced with.
Welcome to Part 3 of the Baker & McKenzie GDPR Game Plan Series! On 25 May 2016, the GDPR finally entered into force. It will start to apply as of 25 May 2018 giving organisations two years to come into compliance.
With the GDPR set to become effective mid-2018, companies would be wise to assess sooner rather than later how the GDPR will affect their business models and data processing practices and start formulating a Game Plan to address the transitional steps they would need to take locally, regionally and globally to become GDPR compliant.
On February 29, 2016, the European Commission published a draft adequacy decision and related documents that are intended to implement the EU-U.S. Privacy Shield.