As businesses and companies prepare for Brexit, one aspect that seems to have been overlooked is the impact of Brexit and data protection. Europa Trust Company reports on how companies and businesses can keep compliant whatever the outcome of Brexit may be.
The General Data Protection Regulation (GDPR) was introduced on 25 May 2018 throughout the European Union (“EU”). The GDPR introduced a single set of regulations across the EU about how companies must handle personal data relating to identifiable individuals, such as names, addresses, HR records, and IP addresses, no matter where the data may be located.
Regardless of the Brexit outcome, the rules of the GDPR will continue to apply to businesses and companies, including the United Kingdom (UK) and Gibraltar. The reason for this is because the GDPR was transposed into UK and Gibraltar law, through their respective local legislation.
Simply put, companies and businesses should, therefore, ensure that they continue to meet the standards set by the GDPR after the end of October no matter what happens in terms of Brexit. This means that individuals’ personal data can be protected by the EU regulations.
Not got a GDPR policy yet? No, problem!
We are able to assist your company to meet the regulatory requirements and help you work towards becoming GDPR-compliant. By identifying personal data that the company processes and putting a Data Protection policy in place, you can avoid or mitigate fines. Please contact us today without delay.
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Working with The Europa Group
Europa Trust Company Ltd is part of the Europa Group. We have been based in Gibraltar for over 34 years and have built a reputation as a stable and reputable business.
We provide a comprehensive range of company and trust formation and management services including company and trust administration, foundations, partnerships, corporate directors, shareholders and secretaries, accounting, marine registration and other associated services.
Our clients are an eclectic mix of international executives, authors, sportsmen, corporations, wealthy individuals, families and many more. Their individual interests and needs are at the centre of our focus. Each client benefits from the experience and multi-jurisdiction knowledge of a dedicated Europa Group professional.
The Europa Group is able to work in over 31 jurisdictions around the World. We are licensed and regulated by the Gibraltar Financial Services Commission and are ISO 27001 (Information Security Management Systems) and ISO 9001 (Quality Management Systems) certified.
Contact us today to find out how we can help you.