A GDPR Primer For US-Based Cos. Handling EU Data: Part 2
By Caroline Krass, Jason Kleinwaks, Ahmed Baladi and Emmanuelle Bartoli (December 13, 2017, 1:18 PM EST) -- The General Data Protection Regulation (GDPR), a new European Union data privacy and protection regime, has already entered into force and is slated to become effective on May 25, 2018. Designed to provide greater protections to the personal data of individuals located in the EU, the GDPR imposes a host of new obligations on both "controllers" and "processors" of such data. Additionally, the GDPR calls for large penalties when companies fail to comply with these new obligations.
While many U.S. companies have already begun the process of bringing themselves into compliance, the GDPR has such a long reach that it may...
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