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The European Commission plans to unify data protection within the European Union (EU) with a single law, the General Data Protection Regulation (GDPR). The current EU Data Protection
== 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>[
== Content ==
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* End of April 2013: Orientation vote in LIBE Committee
* from May 2013 on (depending on progress in the Council of Ministers) Negotiations between European Parliament, Council and Commission (Trilogue)
== Discussions & Challenges ==
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:* The implementation of the EU GDPR will require comprehensive changes of business practices for companies that did not implement a comparable level of privacy until now (especially non-European companies handling EU personal data).
:* There is already a lack of privacy experts and knowledge as of today and upcoming requirements might worsen the situation. Therefore education in data protection and privacy will be a critical factor for the success of the GDPR.
== Change Management ==
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== References ==
<references />
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