The GDPR - How The New EU Data Protection Regulation Impacts Businesses In Asia Pacific
6 February 2018
The General Data Protection Regulation (the GDPR) is the biggest shift in data protection and privacy legislation in Europe for a generation, with extraterritorial effect, so an Asia Pacific-based company may have to comply even though it is not based in Europe.
Failure to comply exposes a company to unprecedented regulatory risk, and sizeable penalties for serious breaches - up to EUR20 million or 4% of global turnover - whichever is higher.
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