- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Neil Hodge2018-06-05T14:45:00
Given the two-year lead time, few would have guessed that the best way some organisations would comply with the European Union’s stringent new data rules would be to simply cut access to services.
THIS IS MEMBERS-ONLY CONTENT. To continue reading, choose one of the options below.
News and analysis for the well-informed compliance or audit exec.
Annual Membership best value
Subscribe now for $365
Our lowest price ($1 per day) for one year.
To consider California’s new Consumer Privacy Act a locally ported version of the EU’s GDPR regime may be understating the full scope of the newly enacted approach to data privacy.
Despite the economic clout of the tech sector, California’s state legislators have passed an extensive slate of data privacy rules that take their cue from the EU’s recently enacted General Data Protection Regulation rules.
Jamaica and Türkiye made “significant progress” addressing deficiencies in their anti-money laundering/countering the financing of terrorism (AML/CFT) programs, warranting their removal from the Financial Action Task Force’s grey list.
It has been four years since the European Union’s flagship data privacy legislation came into force, but concerns are already being raised about whether the General Data Protection Regulation is being outpaced by technological developments and their use of data.
So far, Europe’s wide-reaching data privacy rules have seemingly failed to curb Big Tech firms’ use and abuse of citizens’ personal data. As a result, some EU data regulators are pursuing their own investigations—often through other legislation.
Belgian Data Protection Authority head David Stevens and Member of European Parliament Axel Voss discussed ways the General Data Protection Regulation could be improved for the future during a keynote at CW’s virtual Europe event.
