EU General Data Protection Regulation has been Adopted

On Thursday, April 14, 2016, the European Parliament voted to adopt the long-awaited EU General Data Protection Regulation (the GDPR). During the plenary session Jan Philipp Albrecht, rapporteur of the European Parliament for the GDPR, welcomed the adoption following what he described as years of “democratic debate and legislative process.” Albrecht further described the adoption as “a huge step forward towards creating a single legal environment for the digital world of tomorrow.” Today’s parliamentary vote completes the legislative process for adoption of the GDPR.  The final step will be for the GDPR to be published in the Official Journal of the EU which will likely take place in May 2016. Companies and regulators will then have two years from the date of publication in which to implement the requirements under the GDPR. Businesses should now seriously consider the impact of the GDPR and start planning for implementation.