The EU draft regulation—something originally proposed nearly two years ago—was the center of attention Wednesday afternoon at one Privacy Academy breakout session featuring a panel that included Ireland Data Protection Commissioner Billy Hawkes, Bird & Bird Partner Ruth Boardman and Promontory Financial Services Group Managing Director Simon McDougall, CIPP/E. This exclusive for The Privacy Advisor examines the perceived rut the regulation is in—with McDougall suggesting it is on step one of 30—and what should be expected with a potential regulation, including predictions it will be more prescriptive around data retention. Meanwhile, reports suggest more than one third of smaller EU firms “are risking prosecution under data retention laws by hoarding data beyond the scope and period required by law.”
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