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Mensuel de octobre 2016 - Informatique financière

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Luxembourg anticipates the GDPR: Abolition of authorisation for several critical data processing activities and for SCC based data transfers outside the EEA/EU
On 31 August 2016 a law proposal was submitted to the Luxembourg Parliament in order to abolish several authorisation regimes that are currently foreseen in the 2002 Luxembourg Data Protection Act («Loi luxembourgeoise du 2 août 2002 relative à la protection des personnes à l’égard du traitement des données à caractère personnel»).   Cutting red tape in anticipation of the GDPR   This law proposal, once adopted, will anticipate the as from 25 May 2018 applicable Regulation (EU) n° 2016/679 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data («GDPR»).   Indeed, one of the key objectives of the GDPR consists of cutting red tape by, amongst others, abolishing the several...
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