Bloomberg Law
March 28, 2018, 7:28 PM UTC

Fast Facts: What You Need to Know About GDPR

Stephen Wood

A new EU regulatory regime is set to take effect soon that will require U.S. companies – particularly technology companies – and their outside counsel to take note.

What is GDPR?The General Data Protection Regulation is a new data privacy and protection regime developed by the EU, which will take effect on May 25, 2018. GDPR was designed to provide stronger protections for an individual’s personal data and imposes a number of requirements on controllers and processors of such data. The regulations also allow for significant penalties for companies failing to comply with these requirements. While the GDPR is ...

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