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 highlights ESMA’s survey on AI adoption in the Securities Sector by financial entities
Regulatory Blog
G7 and US agreement to exclude US parented multinational from Pillar 2
Regulatory Blog
Key highlights from the Bermuda Monetary Authority's regulatory update (January–March 2025)