GDPR deep dive—how to implement the ‘right to be forgotten’

The General Data Protection Regulation (GDPR, EU Directive 95/46/EC) which is coming into force on 25 May 2018, will standardize and increase the protection of personal data throughout Europe. Its overriding goal is to return the control of personal data to EU citizens and residents, and at the same time imposing significant sanctions for non-compliance (up to EUR 20m or 4% of the total worldwide annual turnover).

GDPR significantly increases the existing data protection requirements by extending the territorial scope, the rights of individuals and the specific obligations of financial institutions.

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