Changes To EU Data Protection Directive Will Likely Impact U.S.-Based Companies

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Planned changes to the European Union's Data Protection Directive (EU Directive), some of which are directed at non-EU companies, may significantly impact how U.S.-based entities that interact with EU consumers can collect, store and use consumer data.

In a statement Justice Commissioner Viviane Reding, Vice President of the European Commission, advised that the European Commission plans to reveal its proposal for revising the EU Directive by the end of January 2012. Following a meeting with German Federal Minister for Consumer Protection, Ilse Aigner, in Brussels to discuss strengthening the EU's data protection rules, Reding and Aigner issued a joint statement about the proposed revisions - including provisions explicitly requiring compliance from non-EU companies.

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Published In: Business Organization Updates, General Business Updates, International Trade Updates, Privacy Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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