How to deal with the personal data of EU customers? How to avoid a fine of up to 20 million euros or up to 4% of the company’s annual global turnover for the previous fiscal year, whichever is greater?
In order to answer these questions, we will define the territorial and subject matter scope of the GDPR, followed by a breakdown of the key concepts of the EU General Data Protection Regulation.
According to Article 3 GDPR applies:
According to Article 2, the GDPR does not apply:
This phrase is composed of two main parts, which are defined in Article 4 of the GDPR.
According to this article, they mean the following.
In case you have additional questions, please feel free to chat with our lawyers. Legarithm attorneys have significant experience in implementing GDPR compliance policies in their company’s operations.
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