The DIFC has recently enacted a new Data Protection Law (DIFC Law No. 5 of 2020) (“New DP Law”), which will come into effect from 1st July 2020. The New DP Law allows the DIFC to strengthen its leadership in enhancing data protection practices and to further develop the already robust DIFC Data Protection regime currently in place. The current DIFC Data Protection Law (DIFC Law No. 1 of 2007 (as amended)) (“Old DP Law”) will remain in force until the New DP Law comes into force. Once the New DP Law comes into force, firms will have a three-month transition period in order to ensure compliance with the New DP Law. The New DP Law combines the best practices from a variety of world-class data protection laws, such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act. It also includes appropriate data-sharing structures between government authorities allowing for further enhancement of data-sharing standards in the region.
A few key highlights of the New DP Law include:
How can we help?
We can help you assess the impact of the new DP Law on your business with services such as:
Our experts can provide you a detailed analysis of the implications of the New DP Law for your business and comprehensive review of your existing Data Protection policies and procedures, in order to ensure full compliance with the provisions of the New DP Law and avoid significant penalties.