A further step towards the adoption of EU data protection reform
On 12 March 2014, the European Parliament voted on its first reading the draft regulation and the draft directive updating and modernising the principles enshrined in the 1995 Data Protection Directive.
‘The message the European Parliament is sending is unequivocal: this reform is a necessity, and now it is irreversible. Europe’s directly elected parliamentarians have listened to European citizens and European businesses and, with this vote, have made clear that we need a uniform and strong European data protection law, which will make life easier for business and strengthen the protection of our citizens,’ said vice-president Viviane Reding, the EU’s justice commissioner…
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The UCITS V Directive focuses on three main areas — which are presented in this briefing from Wildgen.