Introduction

Dear clients and partners,

From May 25, 2018, the new European regulation on personal data protection – Regulation 2016/679 (GDPR) shall apply. GDPR introduces stricter requirements for the business regarding personal data protection as well as unprecedented sanctions. The amount of the sanctions provided can reach up to EUR 20 million or 4 % of the total worldwide annual turnover of the undertaking of the preceding financial year, whichever is higher.

What are personal data? Are we processing such?
Do the new GDPR rules affect us?
Is our business ready to face that challenge?
What is the best way to protect ourselves from sanctions? How can we minimize the risks to our business?
Should we change the business processes?

Each one of you has reasonably been asking themselves at least part of these questions and perhaps a lot more. Being your trusted partner, the Dimitrov, Petrov & Co.’s team will help you familiarize yourself with the essence of the new requirements by preparing a series of explanatory publications on key concepts regarding GDPR.

We are glad to present to you our first GDPR publication focusing on the data protection officer (DPO). Let us take the first steps towards GDPR together!

The team of Dimitrov, Petrov & Co.

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