BVI introduces data protection regime
18 May 2021
|
On 6 April 2021, the BVI government passed the Data Protection Act (the DPA). The DPA was published in the gazette on 13 April 2021 but has not yet come into force – it will come into force on a date to be determined by the government and this is expected imminently.
The background to this is of course the drive for the BVI to become equivalent with the UK and European Union in this area, in particular under the EU’s General Data Protection Regulation (GDPR).
A detailed legal update has been published by our team and can be found here.
Authors
Related content
Regulatory Blog
CySEC Directive on fees payable by entities falling under the EU digital operational resilience framework (DORA)
Regulatory Blog
CIMA updates licensing requirements for securities investments
Regulatory Blog
Cyprus establishes the National Sanctions Implementation Unit to ensure sanctions enforcement