What the GDPR means for businesses

The long-awaited General Data Protection Regulation (GDPR) of the EU was provisionally agreed in December 2015. The final details are still being ironed out, but publication of the final version of the regulation is expected around July 2016.2 There will then be a two-year waiting period until every organisation that does business in, or with, the EU must comply with the regulation. Since it is a regulation, not a directive, compliance is mandatory, without the need for each member state to ratify it into its own legislation.

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