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Due Diligence and GDPR: How to stay compliant during a transaction

This year`s enforcing of the EU`s new General Protection Regulation(GDPR), will place concerns for data privacy and security firmly at the top of the board and management`s agenda.  Are you aware that the GDPR will also affect mergers and acquisitions? If the potential acquisition target does business in Europe or deals with data related to European citizens, you need to take the company’s GDPR compliance or readiness into account during the due diligence-process. 

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GDPR: Here’s what the board and management needs to know

Lately, our blog has been focused on the GDPR, the EU’s new data protection regulation. We think that it is important for everyone to know about the GDPR and what it entails. Especially, board members and top management need to be up to speed, to avoid huge fines (up to 4 % of gross turnover) and loss of trust and reputation.

In this post, we’ll summarize important take-aways from part 1 – 3, and provide you with a checklist with 8 steps on the way to GDPR compliance.

 

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