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ARE EUROPEAN COMPANIES READY FOR GDPR?

European companies & GDPR

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[vc_row][vc_column][vc_column_text]As we all know GDPR is coming on May 25th and most people still don’t really understand what that means and how new regulations will affect their companies.

What has changed with GDPR?

One of the main differences that comes with GDPR is that before it Europe only used directives instead of a regulation.

So until now, the Data Protection Directive (Directive 96/46/CE) left a lot of room for interpretation in the different member states, because the directive had to be translated into national law. When GDPR comes into force, the new regulation will be directly applicable, without any necessary interpretation.

What is the GDPR impact within Europe?

At the moment every country puts into effect the directive about how to treat personal data in their own way, that is why the change would be different in every country. Maybe some countries have stronger laws  than others – and the change of legislation would not have a great impact in other countries.

But with the new EU-wide regulation, new rules will be put in place and all EU Member States will be obliged to follow them in order to be able to continue sending communications and handling personal data. If they do not follow these rules, they can face hefty fines.

What should companies do?

From the 25th May, every company in the EU economic area will have to inform people about all their rights (ARCO rights) and, above all, ask for explicit consent before they collect any information. The minimum age to grant such consent has been reduced to 13.

The new rules also address the way in which the personal data of the deceased is treated.

Other important elements, included in the new regulation, are the requirements for the certification of Data Protection Delegates, which has created a position in the market that every company that collects data must fill: Data Protection Officer.

The Data Protection Officer will be the responsible for handling personal data in a company that has:

• over 10 people
• access to personal information

The Data Protecion Officer will supervise the processes and management of data alongside a Data Processor / Controller.

How can Lexdy Help Me?

At Lexidy we can assess your company’s situation and provide you with the guidelines so that your company complies with the new GDPR rules.

If you’d like a free consultation on this topic, then just get in touch using the form below!

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