On 12 March 2014, the European Parliament adopted a draft Data Protection Regulation to replace the 1995 Directive. The focus of the Draft Regulation is data privacy, specifically the protection of individuals with regard to the processing of their personal data. The draft must now be considered by the EU Council of Ministers, where there is considerable resistance from several Member States. In contrast to the existing directive, which sets a minimum bar but allows Member States considerable implementation flexibility at national level, the Regulation would be directly enforceable in each Member State.
In an article for SNIA Europe, Squire Sanders associate Matthew Byford highlights the benefits and concerns of the Draft Regulation by explaining each Regulation component and what its implications are for businesses.
This article is reprinted with permission of the publisher.