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New privacy and data protection laws for EU
Friday December 18,2015 : NEW PRIVACY AND DATA PROTECTION LAWS ENVISAGED FOR EUROPEAN UNION
Uniformity and protection for consumers at the centre of new draft laws.
The European Commission has announced that European Union member states have reached agreement on the draft of new privacy and data protection laws which create legislative harmony across the 27 EU nations...and punitive measures for non-compliance.... in the coming years.
Titled EU Data Protection Reform, the draft comprises General Data Protection Regulations and a Data Protection Directive.
The former lays out requirements placed on companies, individuals and other entities within the EU or outside the Union but carrying on business with EU states, regarding the protection of data and privacy, including timeous reporting of any security breaches, whilst the Directive ensures cross-border enforcement.
With heavy fines for non-compliance, the new laws will clearly be of importance to online gambling operators and suppliers once they are implemented, but that could be years ahead, because the draft legislation will now have to be refined to a final draft and submitted for approval to the European Parliament and Council.
Expect to see more of the EU Data Protection Reform project as the EU builds up to implementation with company and consumer education initiatives in parallel with the legislative process.
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Gambling News :
Pokerstars Now Lead Sponsor of Global Poker League -
Alex Dreyfuss Global Poker League has received a significant boost from the announcement by Dreyfuss Mediarex Sports and Entertainment company Friday that online pokers biggest operator, Pokerstars, has signed on as lead and exclusive GPL sponsor.
Betconstruch invests in Ucrafts -
BetConstruct may have also been attracted by the obvious interest in Ucrafts business - the start-up has already gained 5,000 subscribers in just a few months of commercial activity.
Plus500 Founders Selling Off Shares -
Alon Gonen and Gal Haber respectively sold 7.2 million shares, retaining a 10.4 percent interest in the company; and 2.6 million shares, retaining a smaller stake of just 3.6 percent.
Rush Golf Live Launches -
Virtual sports provider Inspired Gaming has announced the launch of its latest product - Rush Golf Live - with Betfred the first operator to carry the game.
GreenTube and Chopsticks In Partnership -
Novomatic Interactive subsidiary Greentube has announced that it has signed a partnership deal with the Gibraltar-based mobile app developer Chopsticks In The Apps Ltd through which it will organize distribution of Chopsticks games through its online, mobile, social and land-based channels.
Singapore Gambling Exemptions Granted -
The issue of certain state-linked commercial organisations being granted exemptions from Singapores tough anti-online gambling laws has been on the table for the past few months and has been the subject of opposition complaints; protest petitions and general argument.
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