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April 13, 2018

Americas: The GDPR Q&A: A European Regulation Expert Answers Our Questions

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May 25 and the implementation of Europe’s General Data Protection Regulation is right around the corner. If you haven’t started preparing yet and are beginning to panic about 20-million-Euro fines, here are some no-nonsense answers from Rutger Broekhuizen, a cross-border business regulation expert based in the Netherlands. Broekhuizen reassured us that, “it is perfectly possible—without too high a cost—to create awareness and develop the required knowledge and skill set within your own organization.” So, take a deep breath, read his responses, and get ready.

MeetingsNet:  Are organizations really at risk of incurring a 20-million-Euro fine if they are not in compliance with GDPR?
The General Data Protection Regulation indeed applies to any planner processing a European citizens’ personal data. However, I dare say that the risk of 20-million-Euro fines is somewhat hypothetical.

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