GDPR deadline this month
Following months of masterclasses, meetings, webinars, features and online support, the General Data Protection Regulation (GDPR) comes into force this month.
From Friday 25 May, all organisations handling people’s personal information will be expected to comply with the new EU regulation. The UK’s Data Protection Bill is also currently moving through parliament to enshrine requirements in UK law.
Larger fines than ever are possible under GDPR, rising from the previous level of £500,000 to now reach around £17.5 million or 4% of turnover, whichever is greater. Information Commissioner Elizabeth Denham has emphasised that companies’ approach to becoming compliant will be vital in any decisions made about their use of data.
According to the BBC she said: “The first thing we are going to look at is, have they taken steps, have they taken action to undertake the new compliance regime?
“Do they have a commitment to the regime?
“We’re not going to be looking at perfection, we’re going to be looking for commitment.”
SAIF has worked with Golden Charter to produce GDPR resources for all members. These cover templates and policies, all available on the SAIF website members’ area at and summarised in last month’s SAIFInsight.
Further resources and information are available from:Business, data, EU, GDPR, ICO, law, protection, regulation