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August 21 2018

GDPR Finally Comes Into Effect And Impacts On Businesses in the Baltics

Although GDPR is an EU regulation, its application is not limited to the companies located within the territory of the Union. Its scope also reaches undertakings established outside the EU including Serbian, Montenegrin and Bosnian businesses.

Therefore, those entities wanting to avoid reputational damage and the risk of being exposed to the large fines which courts in EU member states may impose for violation of GDPR, should review and adapt their privacy|data protection policies and proceedings, appoint a representative in the EU, where applicable, and should not lose sight of what complying with GDPR requires.