More than three years after the initial proposal for the EU Data Protection Regulation was published by the European Commission, it has been agreed by Europe’s Council of Ministers. The negotiations will now start between the commission, the European Parliament and the Council, in what is known as the “Trilogue” process, to agree the final text of the regulation, which is widely expected to be adopted by the end of 2015 or early 2016. The regulation, once adopted, will have a significant impact not only on EU companies but also on U.S. and other international companies that conduct business in the EU.
Final Negotiations Set To Begin On EU Data Privacy Law
June 22, 2015