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Line 5: == Summary == "The proposed new EU data protection regime extends the scope of the EU data protection law to all foreign companies processing data of EU residents. It provides for a harmonization of the data protection regulations throughout the EU, thereby making it easier for non-European companies to comply with these regulations; however, this comes at the cost of a strict data protection compliance regime with severe penalties of up to 2 % of worldwide turnover." <ref>[http://www.mlawgroup.de/news/publications/detail.php?we_objectID=227 "New draft European data protection regime"]. m law group. Retrieved 03 January 2013.</ref> == Content ==

General Data Protection Regulation: Difference between revisions