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Cookies Policy

 SFT SERVICIOS JURIDICOS S.L.P., uses own and third party cookies to obtain browsing data of our users in order to offer quality services and provide a better browsing experience and to identify technical problems that may appear on the web. Likewise, if you give your prior consent through your browsing, we will use cookies, which allow us to obtain more information about your preferences and to customize our website based on your individual interests.

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Thursday, 07 June 2018 09:51

New regulations on data protection and possible sanctions

Since May 25, there is a new regulation in Spain and throughout the European Union that regulates the protection of citizens' data. This new regulation has changed importantly the protection criteria. Companies that do not respect the new law have the risk of receiving millions in fines. The fines may reach 20 million euros.

COMMON RULES FOR THE EU

It is the first time that there is a common regulation for all the countries that make up the European Union. This provision establishes rules about the right of people to know how, who and why the data is stored or used; There is also the right to demand that these information be deleted, transferred or corrected, in case it is incorrect.

Spain, like the other Member States, has had to adapt its own laws in order to adopt this new regulation. It is a complex task for both the public sector and companies; The deadline that the EU has given for this transition is two years.

THE NEW OBLIGATIONS

One of the obligations imposed by this new regulation on public sector institutions is the hiring of a delegate for data protection. Must be a data expert, who can advise the heads of each institution about the treatment and use of them.

In Spain there are already 20,000 organisms that are in this situation. And many of them correspond to small municipalities, which do not even have their own secretary. For this reason, steps are being taken to ensure that provincial delegations have a delegate.

As for the companies, they also have to adapt to the obligations contemplated in the new European regulations. The basic principle of the new law is an active participation in data protection; All companies must apply measures capable of guaranteeing the right to privacy. These measures are adapted to the business model of each company.

Companies will have to perform a risk analysis in relation to the data they handle. Likewise, they should implement technical security measures that guarantee users the protection of their data, as well as transparency regarding its use.

THE SANCTIONS

Failure to comply with this new regulation can generate severe penalties. Depending on their severity, the infractions are divided into two categories. The less serious ones have a penalty of up to ten million euros, or 2% of the annual turnover volume (the highest). The most serious will be sanctioned with up to twenty million or 4% of the billing.

To determine the amount of the sanction other factors are also taken into consideration. For example, the size of the business or company, the degree of intentionality and whether or not there is recidivism will be taken into account.

Now that you know the main obligations of the new regulations on data protection, you can apply them to avoid millions of fines that could seriously affect your business.

Writings SF Lawyers