Ukrainian Law Blog
Freedom means the supremacy of human rights everywhere
Saturday, May 26, 2018
GDPR is Now Effective – How Will Regulators Enforce It?
What happened?
Today the EU General Data Protection Regulation (GDPR) goes into effect, ending the data protection landscape as we know it. This comprehensive privacy law applies directly to the 28 EU countries and companies established in or doing business in those countries. Unlike its predecessor, the GDPR applies to companies established outside of the EU that offer goods or services to individuals in the EU or monitor the behavior of individuals in the EU, such as through the use of cookies. The GDPR imposes a number new of requirements on companies and raises the stakes by imposing potential maximum fines up to 4% of worldwide revenue.
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