New EU Data Protection Regulation approved in EU Parliament

New Data Protection Regulation was adopted today in European Parliament. After many years of struggle and heavy lobbying the new rules applicable to all 28 Member States are finaly approved.

The new rules include provisions on:

  • a right to be forgotten,
  • “clear and affirmative consent” to the processing of private data by the person concerned,
  • a right to transfer your data to another service provider,
  • the right to know when your data has been hacked,
  • ensuring that privacy policies are explained in clear and understandable language, and
  • stronger enforcement and fines up to 4% of firms’ total worldwide annual turnover, as a deterrent to breaking the rules.

The regulation will enter into force 20 days after its publication in the EU Official Journal. Its provisions will be directly applicable in all member states two years after this date, in May 2018.

More you can read here. Source European Parliament

Full text of GDPR.