28.06.2018 Views

En Voyage_Issue#11_Flickbook

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Data protection laws already<br />

exist to protect our personal<br />

data in basic ways but they are<br />

outdated and have not kept up<br />

with society’s reliance upon email,<br />

social media, mobile apps and the<br />

internet. The purpose of the EU’s<br />

European General Data Protection<br />

Regulation 2016/679 (“GDPR”) is to<br />

modernise personal data laws to<br />

give individuals more protection<br />

and control over their personal<br />

data and to raise the standard of<br />

data protection laws. Similarly, the<br />

EU’s Law <strong>En</strong>forcement Directive<br />

(EU 2016/680) (“LED”) protects<br />

citizens’ rights to data protection<br />

when their data is processed by<br />

law enforcement authorities.<br />

It is crucial for the international<br />

finance industry in Guernsey, a<br />

non-EU jurisdiction, to be able to<br />

collect information from clients<br />

and share it with affiliates and<br />

service providers across the UK<br />

and the European Union without<br />

delay or regulatory barriers.<br />

For that reason, Guernsey<br />

has been one of only 11 non-<br />

EU jurisdictions (called “third<br />

countries”) whose data protection<br />

regimes have benefited from<br />

an adequacy decision of the EU<br />

Commission. This means that<br />

the EU has judged Guernsey to<br />

have equivalent data protection<br />

standards to those in the EU,<br />

thereby allowing data to flow<br />

between the Bailiwick and Europe.<br />

Therefore it came as no surprise<br />

that in April 2017 the States of<br />

Guernsey announced that it<br />

was committed to introducing<br />

legislation that implements the<br />

GDPR and LED. On 29 November<br />

2017 the States approved the<br />

draft Data Protection (Bailiwick of<br />

Guernsey) Law 2017 (the “DPL”)<br />

to implement the GDPR and<br />

LED. The DPL now requires Royal<br />

Assent. It is expected to come into<br />

force on or around 25 May 2018,<br />

at the same time that the GDPR<br />

comes into effect across the EU.<br />

WHAT ARE SOME OF THE<br />

MOST IMPORTANT CHANGES<br />

IN THE NEW LAW?<br />

Strengthens the rights<br />

of data subjects<br />

The DPL confers a raft of new<br />

rights on the people to whom<br />

the personal data relates (data<br />

subjects), such as the right to be<br />

forgotten and the right to data<br />

portability (i.e., being able to<br />

switch service providers, such<br />

as mobile phone companies,<br />

without losing data). New civil<br />

actions can be brought by data<br />

subjects for breach of statutory<br />

duties against data controllers<br />

(those who decide how and<br />

why data is processed) and data<br />

processors (those who process the<br />

personal data) when the breach<br />

causes damage. “Damage” is<br />

defined widely to include financial<br />

loss, distress, inconvenience<br />

and other adverse effects.<br />

Heavier duties on data controllers<br />

and new duties on data processors<br />

The DPL will impose much<br />

wider duties on data controllers<br />

and creates new duties for<br />

data processors. For example,<br />

data controllers will need to<br />

have written agreements with<br />

all of their data processors<br />

and sufficient guarantees from<br />

processors that they will meet<br />

the DPL’s requirements; while<br />

data processors will be required<br />

by law to delete or return all data<br />

after finishing their services.<br />

A more independent and<br />

more powerful regulator<br />

Once the DPL is in force,<br />

the Guernsey Data Protection<br />

Commissioner will be called the<br />

Data Protection Authority and will<br />

be given far more independence<br />

and power than the Commissioner<br />

presently enjoys. Data processors,<br />

as well as data controllers, will<br />

need to register with the Authority<br />

and pay a fee. The Authority’s<br />

greater powers will include the<br />

ability to give tougher penalties<br />

for breach of data protection<br />

law, reaching up to as much as<br />

10% of global annual turnover<br />

with a limit of £10 million.<br />

Guernsey businesses need<br />

to prepare now for the DPL<br />

coming into force in May 2018.<br />

Babbé LLP can assist with your<br />

business’ preparations, no<br />

matter how large or small.<br />

90 <strong>En</strong> <strong>Voyage</strong> | Aurigny’s Magazine

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!