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Preparing for the EU’s new Data Protection Rule

Jaclyn Jaeger | January 26, 2016

For any U.S. company that collects and handles data on citizens of the European Union and doesn’t think EU data privacy laws apply to you, think again.

After nearly four years of back-and-forth negotiations, the European Parliament and Council of the European Union last month approved a final draft of the EU General Data Protection Regulation (GDPR), backed by the European Parliament’s Civil Liberties, Justice & Home Affairs Committee. Once it’s officially adopted, which is expected to take place this spring, member states will have two years to implement its provisions.

Neil CohenDesigned to bring EU data protection laws into the digital age, the GDPR will replace the current EU Data Protection Directive, enacted in 1995, marking the most sweeping changes to EU data privacy legislation in the last 20 years. “It’s an entire... To get the full story, subscribe now.