Insight

ALERT: On 25 May 2018 the new General Data Protection Regulation (2016/679) (the “GDPR”) will enter into force.

August 02, 2017


ALERT: On 25 May 2018 the new General Data Protection Regulation (2016/679) (the “GDPR”) will enter into force.

How is this important to you?

While the GDPR mostly upgrades the current legal regime after 20 years of case law and practice on personal data protection, its entry into force will introduce significant new fines reaching up to the higher of €20 million or 4% of the annual worldwide turnover.

Until now many businesses have neglected the personal data protection legislation due to the relatively low sanctions (the highest fine issued to date by the Bulgarian data protection authority has been BGN 47,000). This will change after the GDPR enters into force.

View Personal Data Alert in EN

View Personal Data Alert in BG


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