The GDPR Is Coming: Are You Ready?

The General Data Protection Regulation (GDPR) replaces the EU Data Protection Directive (officially, Directive 95/46/EC) from 1995 (Directive) and will be directly applicable in all member states without the need for implementing national legislation. The compliance date of May 25, 2018, for the GDPR, which was enabled in 2016, is now fast approaching. Importantly, whether a U.S. company has a physical presence in the European Union (EU) is not determinative of the regulation’s impact. Therefore, businesses should take heed.