EU looking to scale back GDPR in coming weeks
The European Union’s General Data Protection Regulation (GDPR) has been in effect since 2018, requiring companies to securely handle users’ personal data. The European Commission (EC) will reportedly review the regulations and claw back some of the rules, which could make doing business in Europe a little easier for these companies.
The EC is set to unveil a proposal to review and cut back GDPR , according to a report from Politico Thursday. The report did not offer any specifics about what’s changing, but this move is part of a push to reduce regulations conducted by Commission President Ursula von der Leyen.
In March, the EC made a similar move with its environmental rules. Back then, the proposals aimed to simplify regulations, including by removing 80 percent of companies from the Corporate Sustainability Reporting Directive’s (CSRD) scope.
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