GDPR

As of 25th May 2018, the EU General Data Protection Regulation (GDPR) entered into force throughout Europe. In many countries the Regulation replaced the previous laws as the legal basis for Data Processing.

In the course of advancing technology, globalization and digitization, it is the final point in a discussion that has been going on for years about the “right” level of Data Protection. The aim of the GDPR is a consistent Data Protection Law in Europe with special consumer protection and maximum transparency. In addition to the harmonization of the law, there are several innovations of a substantive, procedural and institutional nature.

As a regulation under European law, the GDPR is immediately and directly applicable in the EU member states. However, due to numerous opening clauses, the national legislator can and should take action and adapt the national laws.

Fines under the GDPR

One of the most relevant innovations of the GDPR is the increase in the fine framework. For violations of the GDPR, the Regulation provides fines of up to EUR 20 Million or up to 4% of the total worldwide annual turnover of the preceding financial year whichever is the higher. These drastic sanctions are intended to discourage Data Protection violations and raise awareness. Violations of the Regulation also constitute violations of the Charter of Fundamental Rights of the European Union. To avoid high fines, it is essential for companies to make the necessary adjustments according to the GDPR.

Below you will find an overview of the most important principles and regulations resulting from the GDPR. In addition, we show you which services and products we offer. Thanks to their many years of expertise in Data Protection, our Lawyers and Security Experts ensure that you meet the strict requirements of the GDPR and that you can take a relaxed look at possible inspections by the Supervisory Authorities.