The General Data Protection Regulation (the “GDPR”) comes into force automatically in each of the European Union Member States (“EU”) on 25 May 2018. Data protection regulation is not new, with the GDPR building on what is currently in place across the EU. The GDPR, however, seeks to align and bolster the data protection regime across the EU.
This FAQ sets out some of the key questions that non-EU fund managers (e.g., investment advisers based in the U.S.) should be considering to assess how the GDPR may impact them.
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