Good (Data Protection-)New Year‘s Resolutions!
On 25 May 2018 the new EU General Data Protection Regulation and probably on 1 August 2018 the revised Swiss Data Protection Law will enter into force.
The territorial scope of application of the General Data Protection Regulation is broad. Whoever offers goods or services in the EU, is basically within the scope of the Regulation (even without any branch in the EU).
In case of violations of the General Data Protection Regulation, the Regulation provides for severe and painful sanctions. Possible sanctions are fines of up to EUR 20 Mio. or (in case of a company) of up to 4% of the worldwide yearly turnover.
Prevent unpleasant surprises in the New Year and have your compliance in Data Protection matters checked by us in time. Checking your compliance makes even more sense, as in 2018 not only the General Data Protection Regulation, but most probably also the revised Swiss Data Protection Law will enter into force.
We are pleased to help you in having a good start into the New Year!