Asian companies conducting business in Europe and subject to the General Data Protection Regulation (GDPR) should ensure they are using appropriate methods for transferring data out of that region, a legal expert from London told Asia Business Law Journal.
“Asian companies with operations in Europe should already be complying with existing privacy laws,” said Kolvin Stone, a partner of Orrick in London.
“Of particular relevance to Asian companies will be the restrictions on transferring data outside of the EU, which will require careful consideration of an appropriate lawful transfer method,” he said.
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