The EU General Data
on the Horizon
SIEGMAR POHL, GRETCHEN RAMOS, & PHILIP ZENDER
On April 14th, the EU Parliament formally approved the General Data Protection Regulation (GDPR). The GDPR applies to businesses of all sizes, anywhere in the world, that hold information on European residents, regardless of whether that company has an EU base or not. Jan Philipp Albrecht (Greens, DE) stated "The regulation will also create clarity for businesses by establishing a single law across the EU. The new law creates confidence, legal certainty and fairer competition." Violations of the GDPR can potentially reach up to 4% of a company's world wide revenue. That could amount to billions in fines for many of Silicon Valley's notable tech companies if they fail to adhere to the new law.
Join the IABA Wednesday, May 4th at 6 PM to learn more about how the GDPR will affect multinationals. Following the presentation, Squire Patton Boggs will be hosting a wine reception for attendees
TICKETS: A reminder, all MCLE events are free for members and $15 for non-members. To guarantee your spot, we have set up an RSVP page which you can view by clicking here. Non members may pay with a credit card through this page.