GTCC Joint Chambers Business Luncheon on GDPR
GTCC Joint Chambers Business Luncheon “GDPR and PDPB Readiness”
As informed earlier the EU General Data Protection Regulation (GDPR) became effective on 25 May 2018. In this regard the Danish – Thai Chamber in partnership with GTCC and Bake McKenzie would like to share the latest development with members and friends of the chamber.
More information on the event and related practicals from the GTCC is given at this link.
Given the GDPR’s far reach and the severity of penalties associated with non-compliance, it is important for Thai companies to stay abreast of developments related to the law’s implementation.
Thai companies and organizations could be subject to comply with the GDPR, even if they have no established entities in the EU and provide no services in any EU territory. While many organizations have already taken steps to comply with the forthcoming Thai Personal Data Protection Bill (PDPB), there are gaps between the PDPB and the GDPR which need to be considered.
Compliance with both personal data protection regulations can create a competitive advantage for companies by helping to secure the confidence of customers and investors and minimize the reputational risk of cybercrime attacks.
The speakers of Baker McKenzie will explore key policies, practical considerations and market approaches that should be deployed to reduce non-compliance risks.
Members of the Danish – Thai Chamber of Commerce should register for this event by email to firstname.lastname@example.org.