News and scope of the EU Data Protection Regulation
The event was held a few months after the enactment of the new regulation, entailing changes in markets operations.
With the goal to review the scope of the new European Union General Data Protection Regulation, the Economics Law Department held a conference attended by students and the general public interested in delving into this topic.
The meeting, held at a Center for Studies event organized by the Department, seeks to have experts present their points of view on current and academic interest topics.
This time, the talk was offered by David Toro Ochoa, Externado de Colombia Law graduate and Associate Attorney at Archila Abogados, who spoke on the new General Data Protection Regulation (RGPD), issued in 2016 and effective May 25, 2018.
The speaker referred to the evolution of the European regulation and highlighted its new territorial scope.
The concern about the implementation of these rules is the effect on market operations, and that is what is currently happening with the RGPD. The new regulation changed the previous one, as the new standards aim to have a “universal” effect. On the other hand, although the standards are designed to protect individuals’ rights and privacy, the regulation is suited to a globalized economy, where digital economies are what matters most,” stated the speaker.
Our guest speaker also addressed other innovations in the current regulation regarding the scope, consent, operations processing documentation, impact evaluations, among others.
Dr. Toro Ochoa has a Master’s in Law with an emphasis in Economic Law from the Externado de Colombia and a Master of Laws (LLM) with an emphasis on Business Law from the University of California – Berkeley.